TOD rental prices per SF rose to $3.45 in September 2019, which is 1.9 times more than the national average of $1.77 per SF.
The September 2019 TOD Index for Rental Values was 165.4 points compared to 99.7 points for the national average.
Since the market recovery starting January 2012, the TOD Index for Rental Values has gained 56.8 points as compared to a gain of 16.8 points for the national market for rental values.
The TOD Rental Index has decreased by .5 points compared to the previous month (August 2019).
In September 2019, year-over-year growth in TODs was 3.1% as compared to the national market of 2.6%.
September 2019 was the 33rd consecutive month of positive year-over-year growth in rental values in TODs and the 20th consecutive month of positive year-over-year growth for the national market.
