The Rapid Increase in Rents Continues

New Leases up Sharply year-over-year in September

Earlier I wrote: The Rapid Increase in Rents, What is happening? Why? And what will happen and Measuring Rents

Today, I’m going to update some of the data that shows rents are accelerating.

First, here is a graph of several measures of rent since 2000: OER, Rent of shelter, Rent of primary residence, Zillow Observed Rent Index (ZORI), and ApartmentList.com