rents

For nearly two years, economists and real estate experts have been on the lookout for the bottom of the housing market. That time is here, says Russell Price, a senior economist with Ameriprise Financial, a financial services company.

Vacancy rates have been declining at apartment buildings across the U.S., sending rents soaring. And because housing makes up a big part of core inflation, those higher rents could translate into a doubling of the inflation rate this year.

After five consecutive quarters of falling rents, apartment prices are back on the rise, according to the latest data from Reis, Inc. According to the Wall Street Journal (subscription required), "Reis tracks vacancies and rents in the top 79 U.S. markets, and rents rose in 60 of them, led by...

National office vacancy rates are likely to top 18% in 2010, reaching their highest levels in decades and forcing landlords to negotiate more concessions with tenants, according to a new study by Grubb & Ellis.

According a recent report released by Prudential Douglass Elliman Real Estate, Manhattan apartment sales have dropped by 50 percent over the past year, and the average price of a city apartment has fallen by up to 24 percent. While apartment prices have risen slightly in the last quarter, it seems...