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Market Absorption of Apartments Annual: 1989 Absorptions

H-130-89-5

Introduction

During 1988, completions of privately financed, non-subsidized, unfurnished rental apartments in buildings of five units or more totaled 284,500 units. This represents a decrease of about 18 percent from the 345,600 units completed in 1987 and is the lowest total of this type of unit since 1983.


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Page Last Revised - October 8, 2021
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