Redfin, Seattle, found almost half of apartments built in Q1 were rented out within three months, a slight increase from Q4.
Tag: Apartment Absorption
Apartment Absorption Down From Year-Ago Rate, Redfin Finds
Just over half of U.S. apartments that delivered in the first quarter rented within three months, the second-lowest seasonally adjusted share since mid-2020, according to Redfin, Seattle.
Apartment Leasing Rebounds in Third Quarter
Apartment leasing proved strong in the third quarter, bouncing back from the limited demand seen earlier this year, reported RealPage, Richardson, Texas.