U.S. Apartment Vacancy Rate Flat At 4.8 Percent In First Quarter: Reis

www.oann.com | 1/18/2017 | Staff
tiazanne (Posted by) Level 3
(Reuters) – U.S. apartment vacancy rate was flat in the first quarter, with vacancy rising in only 15 of 79 metros, real estate research firm Reis Inc said on Thursday.

The national vacancy rate was 4.8 percent, unchanged from the fourth quarter and marginally up from 4.7 percent a year earlier.

Far - Metros - Vacancy - Rate - Increase

“Far fewer metros saw a vacancy rate increase in the quarter: 15, down from 40 last quarter. Most of the increases were due to high construction that exceeded net absorption,” Reis said...
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