Jul
21

Greenville Apartment Market Seeing Strong Rent Growth

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According to Real Data, a weakened economy has slowed apartment development for the Greenville-Spartanburg-Anderson area. There have been no starts in the past year for the area. This lack of new supply has allowed the average occupancy rate rise to 91.3%.

The weak economy has also made renting a more attractive alternative to buying a home. This has helped push demand for apartments to record levels in the past six months.

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    Categories : Greenville

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