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Multifamily starts and vacancy rates indicate strong market

During the first half of this year, the multifamily market performance remained strong. National vacancy rates slowly inched up despite high levels of new supply entering the market. Of course, these dynamics vary across metros but any weakness is expected to be temporary as new units enter the market faster than demand can absorb them.

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Freddie Mac has released its multifamily housing economic outlook for 2014 showing that multifamily growth. vacancy rates in Washington, D.C., and Norfolk, Va., are higher than historical averages.

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A reading of 42 is seen as a healthy number for the multifamily market. Historically, the MPI and MVI have performed well as leading indicators of U.S. Census figures for multifamily starts and vacancy rates, providing information that forecasts the year to come. A Multifamily Housing Peak In 2019

A reading of 42 is seen as a healthy number for the multifamily market. "Multifamily builders and developers are reporting solid demand around the country, as shown in the vacancy rate for the first quarter," said Steve Lawson, chairman of NAHB’s Multifamily Council.

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DFW’s multifamily market saw strong occupancy rates due to job growth and a fall in construction delivery.. cbre research indicates construction starts fell by 5,000 units, and deliveries fell.

Multifamily Housing Shows Strong Growth, Leading to Bubble Fears. multifamily starts are currently above the levels seen in the mid-2000s, and completions are not far behind.. The multifamily vacancy rates in Louisville and St. Louis have closely mirrored that of the nation since the end.

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Multifamily Development Opportunities Vacancy rate down, rates up in Northeast Florida apartment. – The inventory of apartments is growing, vacancy rates are shrinking and rents are rising, all indications of a continuing robust residential rental market in Northeast Florida, according to the Multifamily Research and Forecast Report issued by the Jacksonville office of global real estate services company Colliers International.

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A reading of 42 is seen as a healthy number for the multifamily market. "Multifamily builders and developers are reporting solid demand around the country, as shown in the vacancy rate for the first quarter," said Steve Lawson, president of The Lawson Companies in Virginia Beach, Va., and chairman of NAHB’s Multifamily Council.