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Market Absorption of Apartments Annual: 1971 Absorptions

H-130-72-5

During 1971, completions or privately financed, nonsubsidized, and unfurnished apartments in buildings of 5 or more units amounted to 333,027. Of these, 68 percent were rented within the first 3 months of completion, 85 percent were rented within 6 months, and 95 percent within 12 months.

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Page Last Revised - October 8, 2021
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