TOD rental prices per SF dipped to $3.43 in December 2019, which is 1.9 times more than the national average of $1.76 per SF.
The December 2019 TOD Index for Rental Values was 164.4 points compared to 100.6 points for the national average.
Since the market recovery starting January 2012, the TOD Index for Rental Values has gained 56.1 points as compared to a gain of 15.9 points for the national market for rental values.
The TOD Rental Index has increased by .3 points compared to the previous month (November 2019).
In December 2019, year-over-year growth in TODs was 4.1% as compared to the national market of 2.5%.
December 2019 was the 36th consecutive month of positive year-over-year growth in rental values in TODs and the 22rd consecutive month of positive year-over-year growth for the national market.
