Reis reported that the apartment vacancy rate declined in Q1 2015 to 4.1%, down from 4.2% in Q4 2014, and the same as in Q1 2014. The vacancy rate peaked at 8.0% at the end of 2009.
A few comments from Reis Senior Economist and Director of Research Ryan Severino:
Read more...Calculated Risk: Reis: Apartment Vacancy Rate decreased in Q1 to 4.1%
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