(Reuters) - The U.S. apartment vacancy rate eased to its lowest level in more than a decade, but stagnant income growth moderated rent increases, according to an industry report released on Monday. The national apartment vacancy rate fell 0.1...
(Reuters) - Office vacancy rates in the United States remained unchanged for the fourth quarter of 2013 because lackluster job growth and concerns about the economy muted demand for office space, a preliminary report by real estate research firm...
U.S. landlords increased apartment rents an average of 0.7% to $1,062 in the second quarter, according to Reis Inc. While that is a hair above the 0.6% increase notched in the first quarter, it is well below the 1.3% rise achieved a year earlier.
A lack of growth in white-collar jobs hurt the market for U.S. office space in the second quarter, with the vacancy rate stagnant at 17 percent, according to a report released on Monday by real estate research firm Reis Inc.
Real-estate investment trusts enjoyed their best quarter since the first three months of 2012, but the REIT sector underperformed the broader stock market as investors developed a greater appetite for risk.
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