NMHC: Apartment Market Tightness Index remained negative in July Survey

From the National Multifamily Housing Council (NMHC): Apartment Markets Decline Slightly in the July NMHC Quarterly Survey All four indexes of the National Multifamily Housing Council's (NMHC) July Quarterly Survey of Apartment Market Conditions remained slightly below the breakeven level of 50, the fourth consecutive quarter indicating softening conditions. The Market Tightness (43), Sales Volume (47), Equity Financing (46), and Debt Financing (47) Indexes all improved from April, but still hovered just below 50. "All four indexes are below 50 but rising, suggesting that the softening is......(read more)

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