Moody's: Apartment Vacancy Rate Unchanged in Q1; Office Vacancy Rate at Record High

From Moody’s Analytics Economists: Apartment and Retail in Holding Pattern, Office Evolution and Stress Continued, And Industrial Fundamentals Leveled Off

National multifamily vacancy stayed flat at 5.5%, but new constructions are getting absorbed at a slightly faster speed. Near 7% mortgage rate and ramp-up of single-family housing prices locked many po…