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Market Conditions Improve For Apartment Industry

Fifth consecutive quarter of uninterrupted growth; Market still lacks widespread capital

Optimism continues for the apartment industry, according to the latest results of the National Multi Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. The findings reflect a gradual recovery for the multifamily sector that faced a 50-year low in apartment starts [...]

Apartment Industry Continues Brisk Recovery

According to the National Multi-Housing Council’s (NMHC) latest Quarterly Survey of Apartment Market Conditions, the apartment industry’s recovery continues briskly.

The Market Tightness Index, which examines vacancies and rents, rose to a record 90 from 78 last quarter. For all indexes, a reading above 50 indicates improving market conditions. Almost four in five respondents (79%) [...]

‘Great Recession’ Challenges Apartment Industry

Dennis Norman

Every facet of the apartment industry was touched by the Great Recession in 2009, according to the NMHC 50, the National Multi Housing Council’s annual ranking of the 50 largest apartment owners and the 50 largest apartment managers.

“Apartment sales transaction volume plummeted,” noted Mark Obrinsky, NMHC Chief Economist. “Only $14 billion [...]