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Delivery Uptick Meets Seasonal Leasing Dip

GLOBEST.COM (March 30, 2017) – The wave of recent apartment completions is meeting some resistance in the form of a slight drop in occupancy nationwide, RealPage and Axiometrics said Thursday. Axiometrics data put current US apartment occupancy at 94.5%, down from 95.1% this past fall. Demand over the past two quarters fell shy of deliveries by more than 100,000 units across the US.

For more info, visit: http://www.globest.com/sites/paulbubny/2017/03/30/delivery-uptick-meets-seasonal-leasing-dip/?channel=contributors

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