With the help of Jim Tennant of The Tennant Group and Michael Meyer of Rate-Highway, Inc., we are conducting rate surveys on a weekly basis and providing analysis and comments where appropriate. We publish this monthly recap in our electronic edition and more comprehensive looks in the print editions.
April rate quotes for the six cities continued to be strong, up $9.71 from a year ago.
Boston and Houston continued to show strong numbers. And while down over $20 from last month, Miami was still up $11.29 over last year.
On the other hand, Los Angeles continues to lag behind the other five cities with a 12-month average of $37.19 — $9.38 lower than Seattle, the next lowest city.
After an apparent slowdown in February and unusual weekly swings — probably caused by the timing of Easter in March 2013 — the positive April showing is cause for optimism when it comes to rates this summer.