Wednesday, April 22, 2020

NMHC: "April Apartment Market Conditions Showed Weakness Amid COVID-19 Outbreak"

The National Multifamily Housing Council (NMHC) released their January report: April Apartment Market Conditions Showed Weakness Amid COVID-19 Outbreak Apartment market conditions weakened in the National Multifamily Housing Council's (NMHC) Quarterly Survey of Apartment Market Conditions for April 2020, as the industry confronts the ongoing COVID-19 pandemic. The Market Tightness (12), Sales Volume (6), Equity Financing (13), and Debt Financing (20) indexes all came in well below the breakeven level (50). "Residents across the country are currently under directives to stay at home and......(read more)
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