Apartments: Net Absorption Very Low in Q3, New Construction Deliveries Even Lower
Effective Rents up 10.2% Year-over-year
This post includes the Q3 apartment report from Moody’s Analytics Reis and some excerpts from RealPage’s Q3 apartment release. Reis is for large cities only. The softness in net absorption is probably due to the slowdown in household formation, see: The Household Mystery: Part II
Moody’s Analytics Reis Q3 Apartment Report
Moody’s Analytics Reis report…
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