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Vacancy rates tracked by Real Data (improved) or (worsened) over the last period ... Asheville 12.8% ... Charleston 13.7% ... Charlotte 13.6% ... Chattanooga 7.7% ... Columbia 12.0% ... Gainesville 11.9% ... Greensboro/WS 12.6% ... Greenville/SPG 8.7% ... Jacksonville 12.9% ... Myrtle Beach 14.7% ... Norfolk/VaBeach 6.4% ... Orlando 9.9% ... Raleigh/Durham 8.7% ... Richmond 7.2% ... Roanoke 6.9% ... Savannah 13.7% ... Tallahassee 11.2% ... Tampa Bay 9.0% ... Wilmington 7.8%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $753 ... Charleston $747 ... Charlotte $708 ... Chattanooga $659 ... Columbia $748 ... Gainesville $922 ... Greensboro/WS $624 ... Greenville/SPG $647 ... Jacksonville $742 ... Myrtle Beach $645 ... Norfolk/VaBeach $889 ... Orlando $810 ... Raleigh/Durham $786 ... Richmond $823 ... Roanoke $668 ... Savannah $786 ... Tallahassee $903 ... Tampa Bay $822 ... Wilmington $683
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    Wilmington, NC

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    Apartment Community (Submarket)

    CARDINAL POINTE (BRUNSWICK-)
    EGRET CROSSING (BRUNSWICK-)
    HUNTERSTONE (BRUNSWICK-)
    AVALON (NORTH-)
    BERKSHIRE AT PECAN GROVE (NORTH-)
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    CAMPUS EDGE (NORTH-)
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    CLEAR RUN (NORTH-)
    COLONIAL PARKE (NORTH-)
    CYPRESS POINTE (NORTH-)
    CYPRESS POND @ PORTERS NECK (NORTH-)
    DEERBROOK (NORTH-)
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    RESERVE AT FOREST HILLS (NORTH-)
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    VILLAS AT MURRAYVILLE (NORTH-)
    WIMBLEDON CHASE (NORTH-)
    ANTIQUA (SOUTH-)
    BARCLAY PLACE (SOUTH-)
    CANTERBURY WOODS (SOUTH-)
    CHATEAU TERRACE (SOUTH-)
    CYPRESS GROVE (SOUTH-)
    GOVERNOURS SQUARE (SOUTH-)
    KEYS AT 17TH STREET (SOUTH-)
    MANDELINE PLACE (SOUTH-)
    OSPREY LANDING (SOUTH-)
    POINT SOUTH (SOUTH-)
    TESLA PARK (SOUTH-)
    VETERANS PARK COMMONS (SOUTH-)

     

    Updated July 7, 2009


    Richmond, - Record level of demand in the last six months helped push occupancies higher and enabled same store rents to rise for the first time in eighteen months.


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    Raleigh-Durham

    Strong demand coupled with a modest development pipeline should help the Triangle see even stronger numbers in the next year. Based on demand, development pipeline, employment growth, current occupancies and rent growth, the Triangle has moved up to our top ranking among the 19 markets tracked by Real Data.

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    Greenville

    Strong demand pushed occupancies higher. Rent growth was strong over the past six months, recouping nearly all the rent concessions that occurred over the past two years.

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    Jacksonville

    The area saw modest improvements in occupancies and stabilizing rents in the past six months. With nothing in the development pipeline, Jacksonville should continue to see improving occupancies into 2012.


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    Norflok-Va.Beach

    The area continues to be one of the best performing markets in the southeast with relatively high occupancies and steady rents.

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