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An estimated total of 65,300 apartments were completed in buildings with five units or more in the third quarter of 1995. This estimate is significantly higher (± 5,970) than the 51,200 apartments completed in the second quarter of 1995, and is also higher (± 5,270) than the 45,400 apartments completed in the same quarter of last year (table 11). Approximately 48,200 units, that is, 74 percent of all completions, were privately financed, nonsubsidized, unfurnished, rental apartments. As was true for the total new completions, this 48,200 estimate is higher (± 5,280) than the revised 36,000 unfurnished units completed in the second quarter and higher (± 5,490) than the 29,500 completions in the third quarter of 1994.
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