Reis reported that the apartment vacancy rate increased in Q4 2015 to 4.4%, up from 4.3% in Q3, and up from 4.3% in Q4 2014. The vacancy rate peaked at 8.0% at the end of 2009, and appears to have bottomed at 4.2%.
A few comments from Reis Senior Economist and Director of Research Ryan Severino:
Read more...Calculated Risk: Reis: Apartment Vacancy Rate increased in Q4 to 4.4%
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