Rent increase rate higher last year in most areas. (Building Blocks).Last year, most metropolitan areas again experienced rent increases that exceeded consumer price inflation. Nationally, rent increases exceeded inflation for the fifth consecutive year. Rent increases were below inflation each year from 1988-96. Rent data used in the following analysis comes from the Consumer Price Index (CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch. (2) (Counts Per I ) database produced by the Bureau of Labor Statistics Bureau of Labor Statistics (BLS) A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables. (BLS See Bureau of Labor Statistics. ) of the U.S. Department of Labor. Residential rents represent one of the components of the CPI. The survey asks renters (of all types of rental RENTAL. A roll or list of the rents of an estate containing the description of the lands let, the names of the tenants, and other particulars connected with such estate. This is the same as rent roll, from which it is said to be corrupted. units--not just apartments) to report the rent they pay. They ask for cash rent that covers all services provided by the owner. An example of a service included in the cash rent is the owner's provision of utilities (such as electricity) for the unit. Renters, additionally, are asked to report any rent reductions involved, such as one free month's rent for signing a lease for a specified spec·i·fy tr.v. spec·i·fied, spec·i·fy·ing, spec·i·fies 1. To state explicitly or in detail: specified the amount needed. 2. To include in a specification. 3. period. Incentives are factored in when rent data is entered in the CPI database. Thus, the CPI measures changes in net cash rent charged. The CPI also asks for the number of bedrooms, bathrooms and other rooms in the unit, types of utilities and facilities provided, and energy used for heating, cooling etc. They make provisions to adjust for quality and service changes that occur. Rents rose nationally by an average of 4.5 percent last year, up from 3.6 percent in 1996. The increase was the highest since 1985. Increase in rent last year exceeded the rise in the overall CPI by 1.7 percentage points. The hike in the national average of residential increases was the result of the strong economy, low unemployment, and strong job growth, which occurred from the mid- mid- pref. Middle: midbrain. 1990s until early 2001. And, the slipping of the economy into a recession, unlike past recessions, had little effect on the housing market. A rise in rental vacancy VACANCY. A place which is empty. The term is principally applied to cases where an office is not filled. 2. By the constitution of the United States, the president has the power to fill up vacancies that may happen during the recess of the senate. rates, which started late last year, suggests that rent increases will moderate during the course of 2002. Data released by the U.S. Department of Labor for 26 metropolitan areas shows that 21 had a higher rate of increase in 2001 compared to 2000. The South is the only region in which all of its metropolitan areas that reported data reported an increase in rent last year compared to 2000. Northeast “Northeastern” redirects here. For the Boston college, see Northeastern University, Boston. Northeast or north east is the ordinal direction halfway between north and east. It is the opposite of southwest. See boxing the compass. Greater Boston Greater Boston is the area of the Commonwealth of Massachusetts surrounding the city of Boston, Massachusetts. While Metro Boston tends to be the "Inner Core" surrounding the City of Boston, Greater Boston overlaps the North and South Shores, as well as the MetroWest region. had the third highest rent increase among the 26 metropolitan markets. Rents in Boston Boston, town, England Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. rose 6.8 percent last year, which follows a 6.7 percent rise in 2000. A very tight rental apartment market for several years through 2000 provided a base for high rent increases. Entering last year, the Boston metro Boston Metro may refer to:
Metro New York is a free daily newspaper in New York City started in 2004. Its main competition is AM New York, with which it practices many of the same distribution and marketing strategies. area had the strongest economies among metropolitan areas in the Northeast. The bust of the dot.com See dot-com. industry and the national economic recession weakened weak·en tr. & intr.v. weak·ened, weak·en·ing, weak·ens To make or become weak or weaker. weak  en·er n. Boston's economy last year. After seeing an average annual
increase of more than 40,000 jobs from 1996-2000, Boston lost more than
50,000 jobs in 2001. Its unemployment rate rose from 1.7 percent at the
end of 2000 to 4.1 percent in February February: see month. 2002. Rental apartment vacancy
rates were less than 2 percent at the end of 2000, and might have
increased to more than 4 percent in first quarter 2002. Rent increases
have dropped since fourth quarter 2001 and a decline in rent in the
high-end high-endadj. Informal 1. Appealing to sophisticated and discerning customers: a high-end department store; high-end video equipment. 2. rental market have been reported by the media. Rents in the New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. moderated to 4 percent last year after rising 4.3 percent in 2000. The terrorist attacks of September September: see month. 11 had a severe effect on the local economy, but a weakening weak·en tr. & intr.v. weak·ened, weak·en·ing, weak·ens To make or become weak or weaker. weak en·er n. of its economy already was underway. Employment dropped by 133,000 jobs
last year. Its unemployment rate in February was 7.1 percent, versus 4.8
percent at the end of 2000.
Rental apartment vacancies then rose to 2.7 percent at the end of last year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. REIS n. 1. The word is used as a Portuguese designation of money of account, one hundred reis being about equal in value to eleven cents. 1. A common title in the East for a person in authority, especially the captain of a ship. , from close to 1 percent at the end of 2000 (all metro vacancy rates given in this article come from REIS). A higher rental apartment vacancy rate was probably recorded in first quarter 2002. Rent increases will moderate further as the New York metro areas economy struggles to recover. The other markets that reported data--Philadelphia and Pittsburgh--show an average rent increase below the national average. Their economies softened soft·en v. soft·ened, soft·en·ing, soft·ens v.tr. 1. To make soft or softer. 2. To undermine or reduce the strength, morale, or resistance of. 3. and they lost 18,000 jobs and 13,000 jobs, respectively. Rent increases will be below the 3.1 percent rise experienced in Philadelphia Philadelphia, ancient cities Philadelphia, name of several ancient cities. One was in Lydia, W Asia Minor (now W Turkey). At the foot of Mt. Tmolus and near the location of modern Alaşehir, it was founded in the 2d cent. B.C. last year and the 2.1 percent rise in Pittsburgh Pittsburgh (pĭts`bərg), city (1990 pop. 369,879), seat of Allegheny co., SW Pa., at the confluence of the Allegheny and the Monongahela rivers, which there form the Ohio River; inc. 1816. . Midwest Midwest or Middle West, region of the United States centered on the western Great Lakes and the upper-middle Mississippi valley. It is a somewhat imprecise term that has been applied to the northern section of the land between the Appalachians Three metropolitan areas in the Midwest experienced residential rent increases that were above last year's national average. Minneapolis-St. Paul Paul, 1901–64, king of the Hellenes (1947–64), brother and successor of George II. He married (1938) Princess Frederika of Brunswick. During Paul's reign Greece followed a pro-Western policy, and the Cyprus question was temporarily resolved. grew at a 5.8 percent rate (second year in a row at that level) and the Greater Chicago Chicago, city, United States Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837. Metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. grew by 5.2 percent; and Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). grew by 4.6 percent. For a long time, Minneapolis-St Paul has experienced relatively stable and healthy economic growth and a relatively stable rental apartment market. Early last year, job growth began to drop significantly there as the national recession developed. Then, after September 11, its labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience soured sour adj. sour·er, sour·est 1. Having a taste characteristic of that produced by acids; sharp, tart, or tangy. 2. Made acid or rancid by fermentation. 3. . By the end of the year, more than 29,000 jobs were lost. The layoffs by Northwest For names and places containing the slightly longer word 'northwestern' (or variants), see . Northwest or north west is the ordinal direction halfway between north and west on a compass. It is the opposite of southeast. Airlines were a major factor. The job losses eased early this year. Unemployment rose from 2.1 percent in December December: see month. 2000 to 4.3 percent in January January: see month. 2002. Its rental market remains very tight, but rental apartment vacancy rates have risen from about 1.5 percent early last year to 3 percent at the end of last year. This limited rise should produce smaller increases in rents this year. Chicago enjoyed very good economic activity in the 1990s. Its rental apartment market was stable and had very low vacancy rates. Economic growth began to slow early last year, and by the end of the year, nearly 100,000 jobs were lost. Its unemployment rate nearly doubled from its low of 3.8 percent to 6.7 percent in January 2002. Rent increases will moderate this year. The economic growth in Kansas City that supported a good rental apartment market flattened flat·ten v. flat·tened, flat·ten·ing, flat·tens v.tr. 1. To make flat or flatter. 2. To knock down; lay low: The boxer was flattened with one punch. last year. The flattening
The flattening, ellipticity, or oblateness of an oblate spheroid is the "squashing" of the spheroid's pole, down towards its equator. came from the national economic recession and major layoffs, such as those at telecommunications company See telecom company. Sprint. Employment stopped growing and the unemployment rate rose from 2.9 percent to 5 percent at the end of 2000. Rent increases will moderate from the 2001 rate because the rental apartment vacancy rate has risen to 5.2 percent from 4 percent at the end of 2000. Rent increases in Cincinnati Cincinnati (sĭnsənăt`ē, –năt`ə), city (1990 pop. 364,040), seat of Hamilton co., extreme SW Ohio, on the Ohio River opposite Newport and Covington, Ky.; inc. as a city 1819. , Cleveland Cleveland, former county, England Cleveland, former county, NE England, created under the Local Government Act of 1972 (effective 1974). It was composed of the county boroughs of Hartlepool and Teeside and parts of the former counties of Durham and , Milwaukee Milwaukee (mĭlwŏk`ē), city (1990 pop. 628,088), seat of Milwaukee co., SE Wis., at the point where the Milwaukee, Menominee, and Kinnickinnic rivers enter Lake Michigan; inc. 1846. and St. Louis Louis, titular duke of Burgundy Louis, 1682–1712, titular duke of Burgundy; grandson of King Louis XIV of France. He became heir to the throne on the death (1711) of his father, Louis the Great Dauphin. rose faster last year than in 2000. All four, however, experienced a sharp decline in employment, especially in the manufacturing sector. And, their unemployment rates rose sharply. Rental vacancy rates in these markets (except for Milwaukee) increased markedly, making marked rent increases more difficult to obtain. Milwaukee maintained a stable rental apartment market with low vacancies. Detroit Detroit, city, United States Detroit (dĭtroit`), city (1990 pop. 1,027,974), seat of Wayne co., SE Mich., on the Detroit River and between lakes St. Clair and Erie; inc. as a city 1815. lost nearly 60,000 jobs last year, but its rental apartment market remains relatively stable as a result of it having a more diversified diversified (di·verˑ·s economy. Employment growth has returned and its rental market should remain stable. South Atlanta Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847. led the *nation in housing construction every year since 1990, with its apartment component generally listed among the top five most-active markets. It had a booming economy. And, even after the post- post- word element [L.], after; behind. post- pref. 1. After; later: postpartum. 2. Behind; posterior to: postaxial. 1996 Olympic Games Olympic games, premier athletic meeting of ancient Greece, and, in modern times, series of international sports contests. The Olympics of Ancient Greece Although records cannot verify games earlier than 776 B.C. period, its adjustment period was mild and short. Last year, more than 50,000 jobs were lost. A positive sign is that its 4.5 percent unemployment rate, while up from the 2.5 percent rate one year earlier, was still well below the national average. Most of the jobs lost were in the manufacturing sector. Its rental apartment vacancy rate jumped to 8.3 percent at the end of 2001. High levels of new apartment construction during the past two years are expected to pressure vacancy rates in the short run. Rent increases, in turn, are moderating this year, based on the 5.4 percent average for 2001. Prior to September 11, the Washington Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. , D.C.-Md.-Va.-W.Va. metropolitan area experienced a very strong economy. The terrorist attacks put pressure on the rental apartment market. Some cooling in the economy began prior to September 11 as a result of the worsening wors·en tr. & intr.v. wors·ened, wors·en·ing, wors·ens To make or become worse. Noun 1. worsening - process of changing to an inferior state decline in quality, deterioration, declension condition of the telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. and dot.com industries. Tourism also suffered. The area lost 23,000 jobs last year, but its unemployment rate of 3.9 percent remained low, relatively speaking. Rents rose strongly by some 6.8 percent last year, according to BLS data. Delta Associates reported that street rents did not change. The rent increases in the two largest Texas markets-Dallas-Fort Worth (3.1 percent) and Houston Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; (3.9 percent) measured less than the national average. Economic growth in Houston slowed, but it remains healthier than in most other U.S. metropolitan areas. The rental apartment vacancy rate was a healthy 4.6 percent in the Houston area in fourth quarter 2001. Rent increases this year should match or exceed last year's level. The rental market is softer in the Dallas-Fort Worth area. Employment in its metro area declined by 30,000 jobs last year and its unemployment rate rose to 6.8 percent from 2.5 percent compared to 2001. Dallas' rental apartment vacancy rate was 6.9 percent in fourth quarter 2002; in Fort Worth it was 4.8 percent. Rent increases will improve when the national economy strengthens. West San Francisco-Oakland-San Jose JOSE Jealous One's Still Envy (song) JOSE Joint Optics Structures Experiment , Calif., led all metropolitan areas nationwide in rent increases last year, rising a reported 10.6 percent. This follows three years in which the rent increases were 7 percent or greater. Strong economic growth supported the strong rental housing market. The collapse of technology and dot.com companies severely affected its greater metropolitan area, which lost 144,000 jobs, including well over half of them occurring in the San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. area. The unemployment rate jumped more than 6 percent in San Jose; and by approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 4 percent in the Oakland Oakland, city (1990 pop. 372,242), seat of Alameda co., W Calif., on the eastern side of San Francisco Bay; inc. 1852. Together with San Francisco and San Jose, the city comprises the fourth largest metropolitan area in the United States. and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden area. The Bay area rental market traditionally is very tight as a result of the areas economic growth and its very tight development controls. Vacancy rates rose more than 2 percent in San Francisco and Oakland to 3.7 percent during fourth quarter 2001 and by more than 3 percentage points in San Jose. Street rents declined sharply in San Jose last year after four years of double-digit dou·ble-dig·it adj. Being between 10 and 99 percent: double-digit inflation. increases. The drop in San Jose and weaker market in San Francisco and Oakland will combine to produce little, if any, increases in the rent averages in the 2002 BLS data series. The tech and dot.com busts will bring to an end the higher levels of rent increases in the Portland-Vancouver and Seattle-Tacoma market this year as well. Rent increases last year averaged 8.1 percent in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , which saw its economy be affected only mildly by the national economic recession. It saw the addition of 14,000 jobs last year. That figure is down compared to recent years, but nonetheless is a very positive indication, compared to most other metropolitan areas nationwide. Rental vacancy rates remain less than 3 percent and rent increases will remain above the national average this year. Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. probably will see rent increases moderate this year from the 5.4 percent rate experienced in 2001. It lost 30,000 jobs last year and had its unemployment rate rise to 6.8 percent, compared to 4.7 percent in 2001. Apartment Permit Activity: First Quarter 2002 The national rate of apartment permit activity was off 15 percent during first quarter 2002. This is a reflection of the national economic recession, which produced significant job losses and increases in rental apartment vacancy rates. Apartment permits fell in 139 metropolitan areas, increased in 140, were unchanged in four and none were issued in the first quarter in each of the past two years. For the second consecutive year, Atlanta led metro area apartment markets in new apartment permit activity during first quarter 2002. Permits were issued for 2,964 apartment units in the first quarter in the Atlanta metro area, which is down 28 percent compared to the 4,111 units recorded during the same period in 2001.
PERCENT CHANGES IN RESIDENTIAL RENTS FOR SELECTED METROPOLITAN AREAS
1985-86 1986-87 1987-88 1988-89
U.S. Total - All Urban
Consumers
All Items 2.0 3.5 4.1 4.8
Rent 5.0 3.9 3.7 3.9
Difference All Items Versus
Rent 3.0 0.4 -0.4 -0.9
Northeast
Boston-Lawrence-Salem, MA-NH 6.3 7.3 6.1 7.3
New York-Northeastern NJ-
Long Island, NY-NY-CT 7.3 6.0 5.4 5.7
Philadelphia-Wilmington-
Trenton, PA-NJ-DE-MD 6.4 6.8 6.0 5.2
Pittsburgh, PA 3.7 2.0 1.9 2.7
Midwest
Chicago-Gary-Lake County,
IL-IN-WI 5.0 5.1 5.3 5.1
Cincinnati, OH-KY-IN 6.2 4.6 5.3 4.1
Cleveland-Lorain, OH 3.5 1.9 3.6 2.6
Detroit-Ann Arbor, MI 8.3 3.8 3.2 3.2
Kansas City, MO-KS 3.5 3.4 2.4 0.6
Milwaukee, WI 3.1 5.1 4.1 4.3
Minneapolis-St. Paul, MN-WI 4.9 3.4 2.1 0.2
St. Louis-East St. Louis, MO-IL 3.1 3.0 2.1 2.6
South
Atlanta, GA 5.6 5.9 3.0 1.5
Dallas-Ft. Worth, TX 1.6 -0.7 -2.4 -0.2
Houston-Galveston-Brazerio, TX -1.7 -3.6 -1.8 3.4
Miami-Ft. Lauderdale, FL 1.0 1.9 3.3 3.0
Tampa-St. Petersburg-Clear-
water, FL na na 2.9 2.3
Washington-Baltimore-Hagers-
town, DC-MD-VA-WV 4.6 7.0 7.2 5.1
West
Anchorage,AK na na -3.5 -0.4
Denver-Boulder, CO -0.1 -0.5 -1.7 -0.9
Honolulu, HI 5.5 4.2 5.8 7.7
Los Angeles-Orange County-
Riverside, CA 5.7 4.8 4.8 4.6
Portland-Vancouver, OR-WA 4.1 3.4 4.1 4.5
San Diego, CA 5.3 2.9 3.4 3.7
San Francisco-Oakland-San Jose,
CA 5.4 4.1 4.3 3.9
Seattle-Tacoma, WA 3.2 3.5 4.6 3.8
1989-90 1990-91 1991-92 1992-93
U.S. Total - All Urban
Consumers
All Items 5.4 4.2 3.0 3.1
Rent 4.2 3.5 2.5 2.3
Difference All Items Versus
Rent -1.2 -0.7 -0.5 -0.8
Northeast
Boston-Lawrence-Salem, MA-NH 3.1 -0.3 0.1 0.6
New York-Northeastern NJ-
Long Island, NY-NY-CT 5.7 3.3 3.2 2.6
Philadelphia-Wilmington-
Trenton, PA-NJ-DE-MD 4.4 3.2 2.7 1.6
Pittsburgh, PA 3.0 3.4 3.4 2.7
Midwest
Chicago-Gary-Lake County,
IL-IN-WI 5.1 4.0 3.1 2.3
Cincinnati, OH-KY-IN 2.1 4.5 3.3 1.6
Cleveland-Lorain, OH 3.5 5.6 3.3 2.6
Detroit-Ann Arbor, MI 4.3 1.3 0.4 2.4
Kansas City, MO-KS 1.5 4.1 0.8 2.0
Milwaukee,WI 4.5 4.2 2.7 2.6
Minneapolis-St. Paul, MN-WI 2.5 1.5 2.3 1.6
St. Louis-East St. Louis, MO-IL 2.5 0.3 -0.7 1.6
South
Atlanta, GA 1.3 1.5 1.5 2.5
Dallas-Ft. Worth,TX 3.5 3.8 2.0 2.2
Houston-Galveston-Brazerio, TX 7.7 8.0 6.1 3.2
Miami-Ft. Lauderdale, FL 2.4 2.8 2.9 4.1
Tampa-St. Petersburg-Clear-
water, FL 4.6 2.9 2.1 2.8
Washington-Baltimore-Hagers-
town, DC-MD-VA-WV 4.4 3.1 1.4 0.6
West
Anchorage,AK 7.1 9.1 7.1 4.6
Denver-Boulder, CO 0.0 2.8 4.0 7.2
Honolulu, HI 9.3 7.6 6.2 3.2
Los Angeles-Orange County-
Riverside, CA 4.5 2.2 1.3 0.2
Portland-Vancouver, OR-WA 5.6 6.5 4.9 3.6
San Diego, CA 4.4 1.2 0.7 -0.8
San Francisco-Oakland-San Jose,
CA 4.7 3.4 2.4 2.7
Seattle-Tacoma, WA 8.0 5.3 3.8 2.1
1993-94 1994-95 1995-96 1996-97
U.S. Total - All Urban
Consumers
All Items 2.6 2.8 2.9 2.3
Rent 2.5 2.5 2.7 3.0
Difference All Items Versus
Rent -0.1 -0.3 -0.2 0.7
Northeast
Boston-Lawrence-Salem, MA-NH 0.7 3.2 4.3 3.8
New York-Northeastern NJ-
Long Island, NY-NY-CT 2.5 2.7 2.8 3.4
Philadelphia-Wilmington-
Trenton, PA-NJ-DE-MD 1.3 1.4 2.1 2.4
Pittsburgh, PA 2.7 2.7 1.9 1.2
Midwest
Chicago-Gary-Lake County,
IL-IN-WI 3.2 4.1 3.0 3.6
Cincinnati, OH-KY-IN 2.5 3.3 1.9 1.7
Cleveland-Lorain, OH 1.7 2.9 2.9 3.4
Detroit-Ann Arbor, MI 1.9 1.7 3.2 2.3
Kansas City, MO-KS 1.5 3.3 3.7 4.1
Milwaukee,WI 3.5 4.7 1.2 1.9
Minneapolis-St. Paul, MN-WI 1.6 2.7 3.6 3.5
St. Louis-East St. Louis, MO-IL 3.5 2.4 2.8 2.4
South
Atlanta, GA 3.1 5.6 5.7 3.5
Dallas-Ft. Worth,TX 3.8 3.7 3.1 3.9
Houston-Galveston-Brazerio, TX 2.9 2.6 2.2 2.4
Miami-Ft. Lauderdale, FL 5.5 2.9 3.2 2.1
Tampa-St. Petersburg-Clear-
water, FL 3.5 2.5 2.3 2.8
Washington-Baltimore-Hagers-
town, DC-MD-VA-WV 1.8 2.0 2.2 0.9
West
Anchorage,AK 3.0 1.5 1.8 1.2
Denver-Boulder, CO 5.5 4.9 5.8 4.2
Honolulu, HI 2.5 0.6 0.2 -0.9
Los Angeles-Orange County-
Riverside, CA 0.2 -0.4 1.0 1.5
Portland-Vancouver, OR-WA 4.7 3.1 2.7 4.4
San Diego, CA -0.3 0.6 3.9 2.4
San Francisco-Oakland-San Jose,
CA 1.9 1.5 3.3 6.1
Seattle-Tacoma, WA 2.2 1.8 2.8 3.9
1997-98 1998-99 1999-00 2000-01
U.S. Total - All Urban
Consumers
All Items 1.6 2.2 3.4 2.8
Rent 3.4 2.8 3.6 4.5
Difference All Items Versus
Rent 1.8 0.6 0.2 1.7
Northeast
Boston-Lawrence-Salem, MA-NH 4.8 3.8 6.7 6.8
New York-Northeastern NJ-
Long Island, NY-NY-CT 3.4 3.3 4.3 4.0
Philadelphia-Wilmington-
Trenton, PA-NJ-DE-MD 2.6 2.6 3.1 3.1
Pittsburgh, PA 3.6 1.8 0.8 2.2
Midwest
Chicago-Gary-Lake County,
IL-IN-WI 3.9 3.9 3.6 5.2
Cincinnati, OH-KY-IN 2.2 2.9 3.1 4.3
Cleveland-Lorain, OH 4.7 1.8 3.2 3.4
Detroit-Ann Arbor, MI 3.1 3.0 4.2 2.5
Kansas City, MO-KS 2.5 3.7 4.4 4.6
Milwaukee,WI 2.9 1.9 1.3 3.1
Minneapolis-St. Paul, MN-WI 2.9 3.9 5.8 5.8
St. Louis-East St. Louis, MO-IL 2.4 1.3 2.7 3.4
South
Atlanta, GA 3.8 3.3 3.2 5.4
Dallas-Ft. Worth,TX 4.9 4.2 3.9 3.1
Houston-Galveston-Brazerio, TX 3.6 4.1 2.9 3.9
Miami-Ft. Lauderdale, FL 1.7 1.1 1.8 3.2
Tampa-St. Petersburg-Clear-
water, FL 3.5 2.5 3.3 4.2
Washington-Baltimore-Hagers-
town, DC-MD-VA-WV 2.5 3.1 3.7 6.6
West
Anchorage,AK 1.3 2.2 2.5 3.2
Denver-Boulder, CO 5.5 6.3 6.4 5.8
Honolulu, HI -1.2 -1.2 -0.8 0.7
Los Angeles-Orange County-
Riverside, CA 2.8 3.6 4.1 5.4
Portland-Vancouver, OR-WA 3.6 2.2 1.6 3.1
San Diego, CA 4.9 6.6 6.5 8.1
San Francisco-Oakland-San Jose,
CA 7.8 7.0 7.0 10.6
Seattle-Tacoma, WA 5.3 4.3 3.7 5.6
PERCENT CHANGES IN RESIDENTIAL RENTS FOR SELECTED METROPOLITAN AREAS
1988-89 1989-90 1990-91
U.S. Total - All
Urban Consumers
Rank of All Items 4.8 5.4 4.2
Percentage Change Rent 3.9 4.2 3.5
1998-99 1997-98 Difference All Items
From Rent -0.9 -1.2 -0.7
20 25 Anchorage,AK -0.4 7.1 9.1
12 9 Atlanta, GA 1.5 1.3 1.5
9 6 Boston-Lawrence-
Salem, MA-NH 7.3 3.1 -0.3
7 8 Chicago-Gary-Lake
County, IL-IN-WI 5.1 5.1 4.0
16 23 Cincinnati, OH-KY-IN 4.1 2.1 4.5
23 7 Cleveland-Lorain, OH 2.6 3.5 5.6
5 4 Dallas-Ft. Worth,TX -0.2 3.5 3.8
3 2 Denver-Boulder, CO -0.9 0.0 2.8
15 15 Detroit-Ann Arbor, MI 3.2 4.3 1.3
26 26 Honolulu, HI 7.7 9.3 7.6
6 10 Houston-Galveston-
Brazerio, TX 3.4 7.7 8.0
10 20 Kansas City, MO-KS 0.6 1.5 4.1
11 18 Los Angeles-Anaheim-
Riverside, CA 4.6 4.5 2.2
25 24 Miami-Ft. Lauderdale,
FL 3.0 2.4 2.8
21 16 Milwaukee,WI 4.3 4.5 4.2
8 17 Minneapolis-St. Paul,
MN-WI 0.2 2.5 1.5
13 14 New York-No. NJ-Long
Island, NY-NY-CT 5.7 5.7 3.3
17 19 Philadelphia-Wilming-
ton-Trenton, PA-NJ-
DE-MD 5.2 4.4 3.2
22 11 Pittsburgh-Beaver
Valley, PA 2.7 3.0 3.4
19 12 Portland-Vancouver,
OR-WA 4.5 5.6 6.5
2 5 San Diego, CA 3.7 4.4 1.2
1 1 San Francisco-Oakland
-San Jose, CA 3.9 4.7 3.4
4 3 Seattle-Tacoma,WA 3.8 8.0 5.3
24 22 St. Louis-East St.
Louis, MO-IL 2.6 2.5 0.3
18 13 Tampa-St. Petersburg-
Clearwater, FL 2.3 4.6 2.9
14 21 Washington- Balti-
more, DC-MD-VA-WV 5.1 4.4 3.1
1991-92 1992-93 1993-94
U.S. Total - All
Urban Consumers
Rank of All Items 3.0 3.1 2.6
Percentage Change Rent 2.5 2.3 2.5
1998-99 1997-98 Difference All Items
From Rent -0.5 -0.8 -0.1
20 25 Anchorage, AK 7.1 4.6 3.0
12 9 Atlanta, GA 1.5 2.5 3.1
9 6 Boston-Lawrence-
Salem, MA-NH 0.1 0.6 0.7
7 8 Chicago-Gary-Lake
County, IL-IN-WI 3.1 2.3 3.2
16 23 Cincinnati, OH-KY-IN 3.3 1.6 2.5
23 7 Cleveland-Lorain, OH 3.3 2.6 1.7
5 4 Dallas-Ft. Worth,TX 2.0 2.2 3.8
3 2 Denver-Boulder, CO 4.0 7.2 5.5
15 15 Detroit-Ann Arbor, MI 0.4 2.4 1.9
26 26 Honolulu, HI 6.2 3.2 2.5
6 10 Houston-Galveston-
Brazerio, TX 6.1 3.2 2.9
10 20 Kansas City, MO-KS 0.8 2.0 1.5
11 18 Los Angeles-Anaheim-
Riverside, CA 1.3 0.2 0.2
25 24 Miami-Ft. Lauderdale,
FL 2.9 4.1 5.5
21 16 Milwaukee,WI 2.7 2.6 3.5
8 17 Minneapolis-St. Paul,
MN-WI 2.3 1.6 1.6
13 14 New York-No. NJ-Long
Island, NY-NY-CT 3.2 2.6 2.5
17 19 Philadelphia-Wilming-
ton-Trenton, PA-NJ-
DE-MD 2.7 1.6 1.3
22 11 Pittsburgh-Beaver
Valley, PA 3.4 2.7 2.7
19 12 Portland-Vancouver,
OR-WA 4.9 3.6 4.7
2 5 San Diego, CA 0.7 -0.8 -0.3
1 1 San Francisco-Oakland
-San Jose, CA 2.4 2.7 1.9
4 3 Seattle-Tacoma,WA 3.8 2.1 2.2
24 22 St. Louis-East St.
Louis, MO-IL -0.7 1.6 3.5
18 13 Tampa-St. Petersburg-
Clearwater, FL 2.1 2.8 3.5
14 21 Washington- Balti-
more, DC-MD-VA-WV 1.4 0.6 1.8
1994-95 1995-96 1996-97
U.S. Total - All
Urban Consumers
Rank of All Items 2.8 2.9 2.3
Percentage Change Rent 2.5 2.7 3.0
1998-99 1997-98 Difference All Items
From Rent -0.3 -0.2 0.7
20 25 Anchorage, AK 1.5 1.8 1.2
12 9 Atlanta, GA 5.6 5.7 3.5
9 6 Boston-Lawrence-
Salem, MA-NH 3.2 4.3 3.8
7 8 Chicago-Gary-Lake
County, IL-IN-WI 4.1 3.0 3.6
16 23 Cincinnati, OH-KY-IN 3.3 1.9 1.7
23 7 Cleveland-Lorain, OH 2.9 2.9 3.4
5 4 Dallas-Ft. Worth,TX 3.7 3.1 3.9
3 2 Denver-Boulder, CO 4.9 5.8 4.2
15 15 Detroit-Ann Arbor, MI 1.7 3.2 2.3
26 26 Honolulu, HI 0.6 0.2 -0.9
6 10 Houston-Galveston-
Brazerio, TX 2.6 2.2 2.4
10 20 Kansas City, MO-KS 3.3 3.7 4.1
11 18 Los Angeles-Anaheim-
Riverside, CA -0.4 1.0 1.5
25 24 Miami-Ft. Lauderdale,
FL 2.9 3.2 2.1
21 16 Milwaukee,WI 4.7 1.2 1.9
8 17 Minneapolis-St. Paul,
MN-WI 2.7 3.6 3.5
13 14 New York-No. NJ-Long
Island, NY-NY-CT 2.7 2.8 3.4
17 19 Philadelphia-Wilming-
ton-Trenton, PA-NJ-
DE-MD 1.4 2.1 2.4
22 11 Pittsburgh-Beaver
Valley, PA 2.7 1.9 1.2
19 12 Portland-Vancouver,
OR-WA 3.1 2.7 4.4
2 5 San Diego, CA 0.6 3.9 2.4
1 1 San Francisco-Oakland
-San Jose, CA 1.5 3.3 6.1
4 3 Seattle-Tacoma,WA 1.8 2.8 3.9
24 22 St. Louis-East St.
Louis, MO-IL 2.4 2.8 2.4
18 13 Tampa-St. Petersburg-
Clearwater, FL 2.5 2.3 2.8
14 21 Washington- Balti-
more, DC-MD-VA-WV 2.0 2.2 0.9
1997-98 1998-99
U.S. Total - All
Urban Consumers
Rank of All Items 1.6 2.2
Percentage Change Rent 3.4 2.8
1998-99 1997-98 Difference All Items
From Rent 1.8 0.6
20 25 Anchorage, AK 1.3 2.2
12 9 Atlanta, GA 3.8 3.3
9 6 Boston-Lawrence-
Salem, MA-NH 4.8 3.8
7 8 Chicago-Gary-Lake
County, IL-IN-WI 3.9 3.9
16 23 Cincinnati, OH-KY-IN 2.2 2.9
23 7 Cleveland-Lorain, OH 4.7 1.8
5 4 Dallas-Ft. Worth,TX 4.9 4.2
3 2 Denver-Boulder, CO 5.5 6.3
15 15 Detroit-Ann Arbor, MI 3.1 3.0
26 26 Honolulu, HI -1.2 -1.0
6 10 Houston-Galveston-
Brazerio, TX 3.6 4.1
10 20 Kansas City, MO-KS 2.5 3.7
11 18 Los Angeles-Anaheim-
Riverside, CA 2.8 3.6
25 24 Miami-Ft. Lauderdale,
FL 1.7 1.1
21 16 Milwaukee,WI 2.9 1.9
8 17 Minneapolis-St. Paul,
MN-WI 2.9 3.9
13 14 New York-No. NJ-Long
Island, NY-NY-CT 3.4 3.3
17 19 Philadelphia-Wilming-
ton-Trenton, PA-NJ-
DE-MD 2.6 2.6
22 11 Pittsburgh-Beaver
Valley, PA 3.6 1.8
19 12 Portland-Vancouver,
OR-WA 3.6 2.2
2 5 San Diego, CA 4.9 6.6
1 1 San Francisco-Oakland
-San Jose, CA 7.8 7.0
4 3 Seattle-Tacoma,WA 5.3 4.3
24 22 St. Louis-East St.
Louis, MO-IL 2.4 1.3
18 13 Tampa-St. Petersburg-
Clearwater, FL 3.5 2.5
14 21 Washington- Balti-
more, DC-MD-VA-WV 2.5 3.1
Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. J. Sheehan People whose surname is or was Sheehan include:
An economist is an expert in the social science of economics.[1] . He can be reached at 703/893-9185 or via e-mail at gdad@erols.com |
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