Moody's: Apartment Vacancy Rate Increased in Q4; Office Vacancy Rate at Record High
From Moody’s Analytics Economists: Multifamily Continued to Defy the Supply Shock, Office’s Vacancy Rate Broke Another Record, Retail Rents Drift Higher with Tight Supply, And Industrial Maintains Status Quo
The national multifamily market delivered a balanced performance in the second half of the year. Nearly 290,000 units were verified to complete acro…