The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Tuesday, June 20, 2017
Report: U.S. Apartment Market = Full Despite Booming Construction
Axiometrics reports that the average national apartment occupancy rate has reached the statistically significant level of 95%, which was last reached in September, 2016. This is the level at which apartments are considered "full."
Year-to-date rent growth through May is pegged at 2.97%. Read more.