Tuesday, November 19, 2013

Apartment Market Statistics: November 2013 via Multi-Housing News Online

Apartment transactions fell in the second quarter 2013 to $16.97 billion from the first quarter, according to PPR, a Costar company. Meanwhile, apartment completions increased by 64 percent in the second quarter in the top 30 metros, reports Marcus & Millichap.

Effective rents increased by 3.5 percent in the second quarter 2013 compared to the same period a year ago, according to Marcus & Millichap. And vacancies have fallen by 10 percent during the second quarter.

Read more...APARTMENT MARKET STATISTICS: November 2013 | Multi-Housing News Online

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