AvalonBay Communities Stock Up 25% in Six Months: Will It Rise More?

Shares of AvalonBay Communities (AVB) have rallied 25% over the past six months, outperforming the industry's upside of 18.1%.In September 2024, in its third-quarter operating update, AVB noted that it experienced an increase in economic occupancy but a deceleration in its like-term effective rent change in August vis-a-vis July and the previous quarter of 2024.This residential REIT is well-poised to gain from the healthy renter demand for its residential properties in the high barrier-to-entry regions of t ...