While apartment completions in DFW have surged, the vacancy rate has retreated to its lowest level on record since 2001, according to Marcus & Millichap's Fourth Quarter 2014 ApartmentResearch Market Report.
This tightening in the market can be attributed to strong job creation and nation-leading net migration and household formation driving renter demand to new heights.
Read more...DFW: Marcus & Millichap 4Q 2014 apartment report
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.