Last week, MPF Research released their preliminary numbers for the apartment market in the United States for the second quarter of 2012. They described Charlotte as a true rock star during the first quarter and reported that demand held at a healthy level, occupancy registered a nice bump, and the metro ranked among the country’s leaders for rent growth.
According to a Property Management Insider article by Michael Cunningman, of PropertyManagementInsider.com, “Charlotte is a metro that has been charging up the list of the country’s rent growth leaders during the past few quarters. The 6.8 percent annual increase in prices seen as of the second quarter was the nation’s third-biggest jump.” The Raleigh-Durham also made the top ten list of rent growth leaders for the second quarter of 2012 with an annual rent growth of 5.4 percent.
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