Apartment REITs are poised to perform well for years, NAREIT finds

03/2/2012 | REIT.com · AdvisorOne

Apartment REIT price returns were up 225% through February compared with their low in March 2009, NAREIT reports. With a 2.5 million-unit supply-demand imbalance in apartment inventory, multifamily REIT stocks are likely to continue to post strong returns. "The distortion in supply and demand fundamentals for the U.S. multi-family housing market that has been caused by the financial crisis and Great Recession will support further declines in vacancy rates and increases in rents for apartment REITs well into the future, even though new construction now is increasing to meet the growing demand," said Calvin Schnure, NAREIT's vice president of research and industry information.

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REIT.com · AdvisorOne

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