I like that pause and then “Yet” in the title by Multifamily Executive Magazine. Here’s their reason for stating it that way:
Dallas-based Axiometrics recently released its latest monthly market performance data and the results show that new units hitting the market have not really made a dent in rent growth thus far.
…close to 89,000 new units will be delivered between now and April 2013.”
The rate of new deliveries is currently on a fast track, with 56,000 units going online by the end of 2012 and about 129,000 units hitting the market in 2013.