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| NEWS HEADLINES |
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| Report Links Home Values To Public Transit Frequency |
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As Passenger Transport went to press, APTA and the National Association of Realtors® were preparing for the March 21 release of a study showing that, during the last recession, residential property values performed 42 percent better on average if they were located near public transportation with high-frequency service.
The study, The New Real-Estate Mantra: Location Near Public Transportation, investigates how well residential properties located within one-half mile of high-frequency public transportation—defined as heavy rail, light rail, and Bus Rapid Transit—have performed in holding their value during the recession compared to other properties in a given region.
Look for more information in the next issue of Passenger Transport and at the APTA website. |
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| CLASSIFIEDS |
| » The Southeastern Pennsylvania Transportation Authority in Philadelphia seeks a director for its DBE Program. [More] |
| » The Des Moines Area Regional Transit Authority has an opening for a procurement manager. [More] |
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Ad copy is not accepted by phone. DEADLINE: Noon, Monday, one week prior to publication date. INFORMATION: Phone (202) 496-4877. |
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