Across the board, occupancy rates were up during the third quarter of 2012, according to the latest data from Dallas-based Axiometrics.
In August alone, occupancy rates increased 89 basis points (bps) on a year-to-date basis and 26 bps on an annual basis. But this positive number still represents a decline from last August, when occupancy rates were up 102 bps on a year-to-date basis, and 58 bps on an annual basis. But demand is still high, so there’s no cause for alarm.
Here’s a list of some cities among the highest in average occupancy rates as of the third quarter of 2012:
Read more...Top 10 Metros with Highest Occupancy Rates - Occupancy And Vacancy Rate - Multifamily Executive Magazine
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