• NMHC: Apartment Market Tightness Index remained negative for 12th Consecutive Quarter

    28 days ago - By Calculated Risk

    The National Multifamily Housing Council released their October report: October Apartment Market Conditions Experience Headwinds
    The Market Tightness Index was below 50 for the 12th consecutive month. The Index came in at 41 in October.
    This index helped me call the bottom for effective rents early in 2010. And it also helped me call the bottom in vacancy rate more recently.
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