Rents increase as vacancies dry up

Despite the sluggish economy, average rents increased in all 82 markets tracked by Reis Inc., a
real estate data firm. Average rents are now at record levels in 74 of those markets and now
top $1,000 a month on average in 27 of them, including Miami, Seattle, San Diego, Chicago,
and Baltimore.Read the full story http://on.wsj.com/LzFc9Y


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