NMHC: Apartment Market Tightness Index remained negative for Tenth Consecutive Quarter

From the National Multifamily Housing Council (NMHC): April NMHC Quarterly Survey Shows Greater Supply Improving Affordability Apartment market conditions were uneven, according to results from the April National Multifamily Housing Council's (NMHC) Quarterly Survey of Apartment Market Conditions. The Market Tightness (38), Sales Volume (43) and Debt Financing (36) Indexes landed below the breakeven level of 50, while the Equity Financing Index decreased to 54. "Apartment markets continue to send mixed signals," said NMHC Chief Economist Mark Obrinsky. " While respondents indicated more......(read more)

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