A little misleading because the big climb vs. 2005 is 0.61% y-o-y.
Typical pro-Real Estate reporting of the U-T.
Here is the article from the U-T:
“A 3.81 percent increase in the past year to an average rent of $1,241 is the biggest gain in rental rates since September 2002, when average rents increased by 5.68 percent, according to a recent survey by MarketPointe Realty Advisors. It compares with annual increases of 3.2 percent in September 2005, 3.12 percent in 2004, and 3.64 percent in September 2003.”
