Archive for January, 2016

American Apartment Rents Climb Over 4%, the Fastest Rate Since 2007 Crisis

20160115 New Vistas Corporation_Blog_American Apartment Rents Climb Over 4-, the Fastest Rate Since 2007 Crisis (1)

Rent in apartments and condos saw a greater increase than any year since 2007, presenting increased profit opportunity for landlords, but also new concerns about affordability for renters. According to a recent survey from independent real estate researcher Reis, average rental rates across the nation rose a staggering 4.6% in 2015 — the most significant uptick since the mid-2010's recession. In the current market, an average monthly apartment rent is approximately ...

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