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Market Absorption of Apartments Annual: 1986 Absorptions
Market Absorption of Apartments Annual: 1986 Absorptions
H-130-86-5
Introduction
During 1985, completions of privately financed, nonsubsidized, unfurnished rental apartments in buildings of five units or more totaled 364,500 units. This represents an increase of about 16 percent from the 313,200 units completed in 1984. Sixty-five percent of these units were rented within the first 3 months of completion, 84 percent within 6 months, 92 percent within 9 months and 95 percent were rented within a year of completion.
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Page Last Revised - October 8, 2021
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