Apartment Market Conditions Holding Steady
The National Multi Housing Council (NMHC) released its Apartment Market Conditions survey results, depicting steadiness in the apartment market, with 62% of respondents stating that conditions were virtually unchanged from the prior quarter. So the good news for property owners is that conditions appear to have stabilized somewhat, although I still expect to see continued, albeit slow declines throughout the remainder of 2010. Here’s a link to the full survey results:
http://www.nmhc.org/Content/ServeContent.cfm?ContentItemID=5579&IssueID=164
