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Market Absorption of Apartments Annual: 1996 Absorptions

H130/96-A

Introduction

During 1995, a total of 155,000 privately financed, nonsubsidized, unfurnished, rental apartments in buildings of five units or more were completed in permit-issuing areas in the United States. This was a 49 (± 16) percent increase over the 104,000 like completions in 1994, and a 101 (± 24) percent increase over the 77,200 such units completed in 1993. It was the largest number of such completions since the 165,300 units in 1991

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Page Last Revised - October 8, 2021
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