The Real Signal #120 - Highest Q4 Apartment Absorption Since 1985
Plus articles on More Positive Ground Up Multi And BTR Economic Indicators and Pivot Point In California Impact Fee Politics
Highest Q4 Apartment Absorption Since 1985
Wow, this is quite the signal. The highest apartment Q4 absorption total since 1985:
"Renter demand outpaced new deliveries in Q4, lowering the overall multifamily vacancy rate to 4.9%—slightly below its long-run average of 5.0%.
Average year-over-year effective rent growth increased slightly to 0.5% in Q4 but is …
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