Apartment Market Tightness Index remained negative for Eighth Consecutive Quarter

From the National Multifamily Housing Council (NMHC): Apartment Markets Decline Slightly in the October NMHC Quarterly Survey Market conditions for the apartment industry remained soft in the National Multifamily Housing Council's (NMHC) October Quarterly Survey of Apartment Market Conditions. While the Market Tightness (37), Sales Volume (45) and Equity Finance (46) Indexes remained below the breakeven level of 50 – with the Debt Financing Index (51) edging just above 50 – there was little change compared with three months earlier. "The apartment market is headed into a seasonally slow......(read more)

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