Tuesday, July 9, 2013

Weak Labor Market Dampens Rent Growth




National





Weak Labor Market Dampens Rent Growth



NEW YORK CITY-The latest data on apartment rents show that landlords hiked monthly rents an average of 0.7% in the second quarter, a notch above the 0.6% increase posted three months earlier.











Could Libor Be Headed for A Spike?



NEW YORK CITY-CRE investors feel “a fear of the unknown,” says Savills US Dan Gorczycki over the potential impact of Libor’s takeover by NYSE Euronext.








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