Market Update for the Week of October 11

Busy Busy Busy.

We had a nice Fall pop last week with a couple more leases getting executed over the weekend.

This is how it will roll for the next few weeks.

The market will continue to be tight through the remainder of the year as most of the owners we are speaking with are looking to rent early 2022.

This is all good for landlords- But keep your good fortune in perspective as it is not a good time to drastically increase rental rate. Limited inventory will have a profound effect on reduced vacancy periods – not higher than average rents during Q 4.