Thursday, July 23, 2020

NMHC: "July Apartment Market Conditions Showed Continued Impact of COVID-19 Outbreak"

The National Multifamily Housing Council (NMHC) released their July report: July Apartment Market Conditions Showed Continued Impact of COVID-19 Outbreak Apartment market conditions weakened in the National Multifamily Housing Council's Quarterly Survey of Apartment Market Conditions for July 2020, as the industry continues to cope with the ongoing COVID-19 pandemic. The Market Tightness (19), Sales Volume (18) and Equity Financing (34) indexes all came in well below the breakeven level (50). However, in a positive sign, the index for Debt Financing (60) signaled improving conditions.......(read more)
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