US EditionMultifamily Absorption Moves Lower for New Apartments
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Multifamily Absorption Moves Lower for New Apartments
The percentage of new apartment units that were absorbed within three months after completion continued to trend lower, according to the Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA). The survey covers new units in multifamily residential buildings with five or more units. The number of new multifamily...
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