Multifamily Industry Sees Signs of Optimism via Multifamily Executive Magazine

The multifamily industry is seeing improved market conditions, according to the National Multifamily Housing Council’s quarterly survey of apartment market conditions for April.

“We are finally seeing improvement in most markets around the country,” noted NMHC chief economist Mark Obrinsky. “While gateway metros are still generally facing lower occupancy and rent levels compared to a year ago, conditions now appear to be on an upward trajectory. On the other hand, many Sun Belt markets continue to see substantial rent growth and strength in fundamentals.”

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