Rents Still Skyrocketing

Rents Still Skyrocketing

Agent First Nameimage_shadow_large.png

Rents Still Skyrocketing | Keeping Current Matters

Zillow recently revealed that the 43 million renter households in the US spent $535 billion on rent in 2015. Aggregate numbers like these often make it difficult to truly assess a situation. For more clarity, we want to share some points that were made in aWall Street Journal article earlier this month.

The article made two important points:

1. Rents are increasing faster than the last several years:

 “Apartment rents increased faster last year than at any time since 2007.”

2. Rent increases are accelerating

“Another report from Axiometrics Inc., a Dallas-based apartment research company, showed that rents increased 4.7% in the fourth quarter compared with the same quarter a year earlier, the strongest year-end performance since 2005”.

Here is a graph to illustrate the rate of increase over the last several years:

Average Effective Rent in the US | Keeping Current Matters

Comments
Listings
icon_listings_gray.jpgimage_shadow.png
FOR SALE

165Acres

Trindle Road,
Carlisle, PA 17013

$9,000,000

Listed ByWOLFE & COMPANY REALTORS

MLS® #10246719 MLS® # 10246719 (Active)
10185038.JPGimage_shadow.png
FOR SALE

100Acres

701 York Road,
Gettysburg, PA 17325

$8,000,000

Listed ByMILLER &ASSOC REAL ESTATE

MLS® #10185038 MLS® # 10185038 (Active)
10185037.JPGimage_shadow.png
FOR SALE

0SqFt

701 York Road,
Gettysburg, PA 17325

$8,000,000

Listed ByMILLER &ASSOC REAL ESTATE

MLS® #10185037 MLS® # 10185037 (Active)
10275918.JPGimage_shadow.png
FOR SALE

204Acres

00 Cramer Road/Ritner Highway,
Shippensburg, PA 17257

$7,900,000

Listed ByRSR, REALTORS, LLC

MLS® #10275918 MLS® # 10275918 (Active)
CPML10285791.JPGimage_shadow.png
FOR SALE

157.90Acres

1604 Pine Road,
Carlisle, PA 17015

$7,000,000

Listed ByRE/MAX ASSOCIATES OF LANCASTER

MLS® #10285791 MLS® # 10285791 (Active)

PAGE 1  OF  1124 1 2 3 4 5 »

Categories
Recent Posts
Archive
Contact Info
Contact Info
BrokersRealty.Com

6 Offices to Serve You

PA License RB-0631826-C
Lewisberry  Pennsylvania 17339

Office and Fax 888-774-8488

Translator
Social Media

© 2016 Central Penn Multi-List®. All rights reserved.

Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Oct 01, 2016.

© 2016 Greater Wilkes Barre MLS®. All rights reserved.

Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Oct 01, 2016.

© 2016 Keystone MLS Network®. All rights reserved.

Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Oct 01, 2016.

© 2016 Pocono Mountains AOR®. All rights reserved.

Listings displayed are not necessarily the listings of the provider.

Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Oct 01, 2016.

websitebox