"A sharp drop in new construction, the dwindling supply of shadow- market units and improvements in the macroeconomy have strengthened fundamentals on both the supply and demand side," said Tracey Seslen, the lead author of the study. "This is boosting asking rents, reducing or eliminating concessions and filling units. However, the rate of increase will begin to level off a bit by 2013." For the full article, see the link below:
