U.S. Apt Market Revenues Jump 2.5% in Q2

The U.S. apartment sector turned in a near-record revenue growth performance in the second quarter of 2011, according to the preliminary results from MPF Research’s 2nd quarter 2011 survey of more than 6 million apartment units across the country.

Occupancy climbed 0.8 percentage points during the past three months, and effective rents jumped 1.7%, taking the total revenue lift for the quarter to 2.5%.

It looks as though the apartment investors also have taken note of the improved fundamentals.

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