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SoCal Apartment Market to See Modest Rental Uptick

April 10, 2008

...The latest Casden Real Estate Economics Forecast, released today by the Lusk Center, notes that Southern California apartment rents will see average increases of 2.5 percent to 3 percent, while occupancy rates will remain at 96 percent to 97 percent. Covering Los Angeles, Orange, Riverside and San Bernardino counties, the forecast analyzes apartment transactions, new building permits, leasing activity and employment data using information from MP/F YieldStar, Hanley Wood and other sources...