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Market Absorption of Apartments: 1989 Quarterly Absorptions
Market Absorption of Apartments: 1989 Quarterly Absorptions
H130-89Q4
Introduction
Of the 68,800 privately financed, nonsubsidized, unfurnished rental apartments completed in buildings with five units or more during the third quarter, July-September 1989, an estimated 72 percent were absorbed (seasonally adjusted) 3 months after their completion. This is significantly higher (±4 percent) than the 3-month seasonally adjusted rate of 67 percent for apartments completed in the second quarter of 1989, but not significantly different (±5 percent) from the 3-month seasonally adjusted rate of 67 percent for apartments completed during the same (third) quarter of 1988.
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Page Last Revised - October 8, 2021
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