Multifamily Builders Encouraged by Rising Occupancy

Some interesting news out of NAHB today. Its Multifamily Market Indices (MMI) show that current and expected demand for rental apartments improved significantly in the second quarter of 2010 compared to the first quarter. That seems to hold for A, B and C apartment classes. 

Builders' expectations for demand in the next six months also increased, according to NAHB.

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Read the NAHB press release

Photo credit: T Hoffarth