NAA Industry Insider: U.S. Rent Hikes Slow, New Report Shows

Reis Inc. reports a drop in the national apartment vacancy rate from 4.5 percent in the fourth quarter of 2012 to 4.3 percent in the first quarter of 2013. Meanwhile, the national average monthly rent was $1,054, rising 0.5 percent from the fourth quarter and 3.4 percent year-over-year but amounting to the slowest growth rate since late 2011.

Read this edition of the Industry Insider.