“Landlords are in a perfect position to push rents,” said Stephanie McCleskey, Axiometrics Vice President of Research. “Job growth is strong at 2.7%, and the unemployment rate is below 6% for the first time since 2008. Combine that with the fact there isn’t a lot of new supply — only 1,437 new units came to market in 2014 and we’ve identified only 1,839 more for 2015 — and you see demand exceeding supply.” Read more by clicking here.
