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Rental market remains hot with national apartment occupancy at 6-year high

from US Finance Post

In May, national apartment occupancy rose once more to reach the highest level in six years, according to Axiometrics, an apartment data and research firm. Ninety-five percent of all rental units are filled despite thousands of new units becoming available. The news has been a surprise to investors, who have largely moved out of multifamily real estate investment trusts as everyone focuses on improving home sales. more

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