According to a recent article published by the Wall Street Journal, U.S. rents are on the rise once again.
The real estate research firm, Reis, Inc., released a report indicating rents have increased by an average of 0.8 percent to $1,083 a month in the quarter. And even though that is below the previous quarter’s 1 percent increase, it is still above the the .06 percent in 2012′s final quarter.
For all of 2013, rents climbed 3.2% and about 127,000 units. Continue reading