Reis reported that the apartment vacancy rate was at 4.5% in Q2 2016 to 4.5%, unchanged from Q1, and up from 4.2% in Q2 2015. The vacancy rate peaked at 8.0% at the end of 2009, and bottomed at 4.2% in 2014 and early 2015.
A few comments from Reis Senior Economist and Director of Research Ryan Severino:
Read more...Calculated Risk: Reis: Apartment Vacancy Rate unchanged in Q2 at 4.5%
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