Apartment Occupancy Just Hit a Historic High. Is That Good?

Bloomberg, Jan. 6, 2022–Kriston Capps
Fully 97.5% of professionally managed apartment units are spoken for as of December, the highest figure on record, according to data from the property management software company RealPage. That’s more than 2 percentage points higher than the occupancy rate in December 2020, a difference that represents hundreds of thousands of households.