NEW YORK CITY-According to new data released by Reis Inc., a New York City-based research firm, the nation's apartment market has remained strong in Q3 2010, with vacancies declining nationwide. Growing demand made landowners to increase rents for Q3 2010.
The nationwide vacancy rate of apartments remained at 7.2% in Q3, down from 7.8% and 7.9% in Q2 and Q3, respectively, in 2009. Almost 158,000 apartments have been occupied this year until now. For the full story, go to Wall Street Journal.
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