Real Data’s latest report shows that things are pretty good in the Piedmont Triad apartment market. Here are the major numbers compared to the same point last year:
Average Rent per Square Foot: $0.752, up 2.3% from $0.735 in 2012
Vacancy: 7.3%, down from 8.7% in 2012
Units Under Construction: 1,105, up 6.25% from 1,040 in 2012
Units Proposed: 3,458, up 36% from 2,539 in 2012
You can order a full report here.