WASHINGTON, DC—The apartment market is firing on all cylinders—or to be more precise, it is firing across all four areas of the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions. For the third quarter in a row the four areas the index measures—market tightness, sales volume, equity financing and debt financing–all rose over the previous quarter with scores of 52, 58, 54 and 71, respectively.

“Demand for apartment residences is still strong enough to offset the gradually rising level of new apartment deliveries,” Mark Obrinsky, NMHC’s SVP of Research and Chief Economist told GlobeSt.com. “Even with occupancy rates at high levels, markets got just a bit tighter in the last three months.”

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