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.

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