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Market Absorption of Apartments: 1988 Quarterly Absorptions
Market Absorption of Apartments: 1988 Quarterly Absorptions
H130-88-Q4
Introduction
Of the 76,000 privately financed, nonsubsidized, unfurnished rental apartments completed in buildings with five units or more during the third quarter, July-September 1988, 67 percent were absorbed (seasonally adjusted) 3 months after their completion. This is about the same (±5 percent) as the 3-month seasonally adjusted rate of 66 percent for apartments completed in the second quarter of 1988, and also about the same (±6 percent) as the seasonally adjusted rate of 62 percent for third quarter 1987 completions (table 1).
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Page Last Revised - October 8, 2021
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