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Multifamily Conditions Continue to Weaken, Survey Shows

Nearly two-thirds of respondents reported markets to be looser than three months ago

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The condition of the U.S. apartment market continues to weaken judging by four key criteria, according to an October survey by the National Multifamily Housing Council.

The Council defines “tight” markets as those with low vacancies and high rent increases. A reading above 50 on the market tightness index indicates that market conditions are getting tighter; a reading below 50 suggests the opposite.

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Philippa Maister

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