rental growth rate

rental growth rate

The expected trend in market rental rates over the period of projection, expressed as an annual percentage increase. In the chart,rents are expected to be at $43 a foot for 2007, climb rapidly to $50 a foot for 2008 because of a lack of new buildings coming online,remain at $50 a foot during 2009 because of the opening of new buildings,and then climb moderately afterward.

References in periodicals archive ?
For the Bay Area, rental growth rate is at 17% YoY," Pronove said.
What we can expect, at least in the short term 2019, would have to be similar to where we are now," said William Forrest, multifamily broker with CBRE, who cited the current rental growth rate at 1.5 percent.
"This trend has contributed to retail warehousing emerging as the best performing sector of the retail property market over the past ten years, with a rental growth rate of 5.7 per annum."
However, despite a more constrained rental growth rate, 277 of the 330 locations surveyed were either static or increased over the year.
Dubai: The new centre to oversee rent disputes in Dubai in areas will most affect areas with already high rental growth rate, according to Craig Plumb, head of research in the Middle East and North Africa (Mena) for Jones Lang LaSalle.
Reis reports a 3.1 percent average annual rental growth rate over the last six years in Detroit, though this rate is expected to slow somewhat over the next few years.
Alabang CBD had one of the fastest rental growth rates at 3.9% YoY, given its tight market conditions.
We believe that the increasing demand for this type of properties, and the attractive demographics of their respective regions, will continue to sustain the strong rental growth rates they already benefit from." Highpoint Club and Montevista at Windermere are two apartment communities, which combined have 708 units.
Mueller, "Real Estate Rental Growth Rates at Different Points in the Physical Market Cycle," Journal of Real Estate Research 18, no.
That article noted that the drops, as well as slowing rental growth rates in other areas, could be the first indication that the apartment sector's historic, six-year bull market may finally be coming to an end.
Forecast rental growth rates have declined slightly since 2015 according to CBRE, consistent with the pattern of slower revenue growth due to revenue enhancement models, to 3.55 percent currently.