The frequent silhouettes of cranes littering the skylines in most large metro areas aren't threatening the health of the apartment industry, experts say.
Although there are several markets approaching heavy saturation, industry leaders aren’t concerned about the more than 75,000 units that are expected to deliver before the end of this year, according to data from Dallas-based Axiometrics. The research firm also expects more than 222,000 units to come to fruition next year.
Read more...Will Oversupply Threaten the Industry's Momentum? - Multifamily Executive Magazine