Industry News: Apartment Market Expansion Continues as Growth Rate Moderates
“Even after nearly three years of recovery, apartment markets around the country remain strong as more report tightening conditions than not…”
WASHINGTON, D.C.—Apartment markets improved across all areas for the seventh quarter in a row, but the pace of improvement moderated according to the National Multi Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The survey’s indexes measuring Market Tightness (56), Sales Volume (51), Equity Financing (56) and Debt Financing (65) all measured at 50 or higher, indicating growth from the previous quarter.