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Apartment rents set to rise, fueling inflation: NAR

Posted on 30 November 2010

From AFP: US apartment rents are expected to climb next year as the economy recovers from recession, a rise that may fuel inflation, a real-estate industry group said Monday. Multifamily real estate will star in an overall modest improvement in commercial property markets in 2011, the National Association of Realtors said in an outlook report.
NAR said ailing commercial real-estate markets — office, industrial, retail and rental housing — were flattening out after a steep plunge amid the worst recession in decades……………………………………….Full Article: Source

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