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Greater Hartford apt. rents up 5.7 percent in ‘14

Greater Hartford apartment rents continued their climb in the fourth quarter, closing the year up 5.7 percent over 2013, according to apartment-data tracker Axiometrics.

That growth was among the highest among all metropolitan areas in the country, tied at for 14th. Axiometrics had pegged Greater Hartford’s rent growth through the third quarter at 3.6 percent.

Occupancy also remains the eighth highest in the country, at 96.1 percent. That was done from 97 percent as of the third quarter.

Across the country, rents grew 4.5 percent — the most in nine years, Axiometrics said.

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Hartford’s rising apt. rents likely to remain so

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