It is football season, come to think of it, and apartment operators are going to need a fourth-quarter rally to offset its mostly poor performance in the third quarter, based on RealPage date released on Tuesday.
There was negative demand, which means that the number of renters moving out of apartments topped the number moving in.
"Piling on" to the situation, leasing activity is typically slowest in the fourth quarter. Apartment demand last registered negative over a 12-month period in 2009, according to RealPage.
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