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Q1 2013 Apartment Trends : From REIS

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Q1 2013 Apartment Trends : From REIS

If apartment investing is part of your real estate investing plan, don’t miss the following video from REIS concerning the current state of Apartment investing in America. Specifically, Victor Calanog reports on the apartment market performance for Q1 2013. Here are the highlights:

  • Apartment vacancy hit 4.3% at the end of the first quarter.
  • Asking and effective rents grew by 0.5%
  • Multi-family development is continuing to surge, bringing 150,000 units online in 2013.

For more information, see the video below:

Q1 2013 Apartment Market Trends from Reis Reports

Photo: Hiten Patel

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.