The nation’s apartment demand volume in Q1 2015 proved very impressive. Preliminary figures show that absorption across the country’s 100 largest metros came in at roughly 64,300 units, a jump of 55% from the demand tally seen during the initial three months of 2014.
Helping push up those apartment absorption stats, job creation in early 2015 well exceeds the volume recorded in early 2014. Furthermore, because apartment deliveries have climbed, more product availability is helping grow demand capacity. While almost all of the country’s largest local apartment markets are registering encouraging demand volumes, the figures are especially impressive in a few spots – some of them perhaps a little surprising.
Let’s look at the apartment demand leaderboard specifically for the January to March 2015 time frame:
Read more...Early 2015’s Apartment Demand Leaders | Property Management Insider
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.