Nov 13, 2012

Housing Trends

Echo Boomers Important Multifamily Driver

The multifamily sector is still flourishing as rents continue to rise and renters demand new development. According to Meyers Research, a Kennedy Wilson Co., which just released its latest trend report, national rent for markets covered by RealFactsreached an all-time high of $1,042 per month in the third quarter of this year, an increase of 4.8% from a year ago. Given the lingering effects of the recent housing-market crisis, which continues to push former homeowners into the rental market, demand fundamentals should continue to be strong for rental units, keeping rents growing in the near term, the report reveals.

Recommended Posts

Services Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Tech Services Sign Up

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Zonda Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Don't miss an update

Sign up for our newsletter to get timely housing market information, event and webinar updates, and product updates.
By clicking this button, you agree to our
Terms & Privacy Policy

Discover how Zonda can help grow your business

Complete the form below and a Zonda rep in your region will contact you with more information
By clicking this button, you agree to our
Terms & Privacy Policy

Learn More About Bird.i

We'll be in touch soon to help you push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Frame Information Request

We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy