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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 7.2% ... Charleston 8.3% ... Charlotte 6.2% ... Chattanooga 7.9% ... Columbia 8.2% ... Gainesville 7.0% ... Greensboro/WS 8.3% ... Greenville/SPG 6.8% ... Jacksonville 9.7% ... Myrtle Beach 10.3% ... Nashville 5.0% ... Norfolk/VaBeach 7.3% ... Orlando 5.6% ... Raleigh/Durham 5.5% ... Richmond 6.9% ... Roanoke 5.2% ... Savannah 5.6% ... Tallahassee 9.4% ... Tampa Bay 6.6% ... Wilmington 6.2%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $839 ... Charleston $842 ... Charlotte $842 ... Chattanooga $771 ... Columbia $813 ... Gainesville $940 ... Greensboro/WS $699 ... Greenville/SPG $721 ... Jacksonville $783 ... Myrtle Beach $768 ... Nashville $833 ... Norfolk/VaBeach $925 ... Orlando $907 ... Raleigh/Durham $868 ... Richmond $876 ... Roanoke $710 ... Savannah $842 ... Tallahassee $977 ... Tampa Bay $875 ... Wilmington $760
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  • Expanded the historical trends and enhanced the submarket analysis.


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    Real Data tracks the multi-family apartment markets in the major metro markets of the Southeast. We are one of the few publishers of apartment statistics based on 100% market survey versus sample data. We track statistics on over 1,000,000 multi-family units in North Carolina, South Carolina, Florida, Virginia, Georgia and Tennessee, which gives our subscribers the most extensive data set of comparable apartment statistics available. The market studies are published semi-annually on each market's vacancy, rental rates, development and absorption trends.



    Asheville(12/2012) 7.2% $839 99 (1) Find Apartments Research
    Charleston(3/2013) 8.3% $842 87 (19) Find Apartments Research
    Charlotte(3/2013) 6.2% $842 96 (4) Find Apartments Research
    Chattanooga(2/2013) 7.9% $771 91 (13) Find Apartments Research
    Columbia(5/2013) 8.2% $813 94 (6) Find Apartments Research
    Gainesville(4/2013) 7.0% $940 95 (5) Find Apartments Research
    Greensboro/WS (4/2013) 8.3% $699 88 (17) Find Apartments Research
    Greenville/SPG (12/2012) 6.8% $721 92(12) Find Apartments Research
    Jacksonville(1/2013) 9.7% $783 90 (16) Find Apartments Research
    Myrtle Beach (2/2013) 10.3% $768 93 (7) Find Apartments Research
    Nashville (3/2013) 5.0% $833 93 (9) Find Apartments Research
    Norfolk-Va.Beach (11/2012) 7.3% $931 88 (18) Find Apartments Research
    Orlando (4/2013) 5.6% $907 97 (2) Find Apartments Research
    Raleigh/
    Durham (2/2013)
    5.5% $868 92 (10) Find Apartments Research
    Richmond (2/2013) 6.9% $876 90 (15) Find Apartments Research
    Roanoke (8/2012) 5.2% $710 90 (14) Find Apartments Research
    Savannah (8/2012) 5.6% $842 93 (8) Find Apartments Research
    Tallahassee (10/2012) 9.4% $977 83 (20) Find Apartments Research
    Tampa Bay (12/2012) 6.6% $875 96(3) Find Apartments Research
    Wilmington(6/2012) 6.2% $760 92 (11) Find Apartments Research
    Market Rank : Real Data scores each market based on its occupancy, employment growth, development pipeline, demand and rent growth. A higher score is more favorable with scores typically ranging from 90-95. In parentheses is the markets rank based on its score among the cities tracked by Real Data. Note each market's score is as of its survey date and its actual market conditions may have changed since that time.


    Updated May 1, 2013

    Orlando

    A construcion boom is underway in the Orlando area concentrated in the Downtown and Southwest areas. Overall occupancy, rent growth and demand remain healthy.



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    Greensboro/WS

    Demand continues to be strong in the Greensboro-Winston Salem market with nearly 3,000 units absorbed in the past two years leading to a vacancy of 8.3%, which is historically low for this market.

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    Charleston

    Although development activity is increasing, demand and rent growth were flat over the past six months pusing occupancy levels lower.

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    Gainesville

    Strong demand coupled with a slow development pipeline has led to a vacancy rate at 7.0%. Rent growth has been strong as well with 3% annualized growth in the past two years.

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    Richmond

    Demand has kept pace with the growing new supply. Development activity remains concentrated in the central core of the city where more than half of all development activity is occurring.

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