Apartment Market Revenues
US Apartment Market Revenues Soar in Second Quarter
Source: propertymanagementinsider.com
The U.S. apartment sector turned in a near-record revenue growth performance in the second quarter of 2011, according to the preliminary results from MPF Research’s 2nd quarter 2011 survey of more than 6 million apartment units across the country. Occupancy climbed 0.8 percentage points during the past three months, and effective rents jumped 1.7 percent, taking the total revenue lift for the quarter to 2.5 percent.