Posted March 16, 2010 by RentJungle
The National Association of Home Builders Multifamily Housing Market Index , released on 3/11/2010, continued to show weakening market conditions in Q4 2009.
- Apartment managers (by a 2 to 1 margin) see vacancy rates increasing
- Measures of interest from potential renters (calls and foot traffic) are also predicted by apartment managers to decrease
- The number of managers that feel rents will continue to decrease has held steady from Q3 2009 at slightly more than half of those surveyed
See full data table here.