NMHC: "Apartment Market Continues to Loosen"

Leading indicator for Rents and Apartment Vacancies suggests more weakness for Apartments

From the NMHC: Apartment Market Continues to Loosen, Transactions Pull Back Further Due to Rising Cost of Capital

Apartment market conditions continued to weaken in the National Multifamily Housing Council’s (NMHC’s) Quarterly Survey of Apartment Market Conditions for July 2023, as the Market Tightness (26), Sales Volume (40), Equity Financing (22) and D…