WASHINGTON, DC—The apartment market is firing on allcylinders—or to be more precise, it is firing across all four areasof the National Multifamily Housing Council's QuarterlySurvey of Apartment Market Conditions. For the thirdquarter in a row the four areas the index measures—markettightness, sales volume, equity financing and debt financing--allrose over the previous quarter with scores of 52, 58, 54 and 71,respectively.

"Demand for apartment residences is still strong enough tooffset the gradually rising level of new apartment deliveries,"Mark Obrinsky, NMHC's SVP of Research and ChiefEconomist told GlobeSt.com. "Even with occupancy rates at highlevels, markets got just a bit tighter in the last threemonths."

The survey also delved into the demographics behind anduncovered some unexpected shifts. Besides the core demand forapartment space from the mid-to-late twenties demographic group,the survey also found that one in five, or 22%, of the respondentsreported a significant increase in the number of Baby Boomers amongtheir residents. A similar share of 21% indicated a significantincrease in "forty-somethings" in their properties.