Multifamily vacancy rate soars

10/6/2009 | Wall Street Journal, The · Bloomberg

The apartment vacancy rate in the U.S. has reached a 23-year high, 7.8%, research firm Reis said. The traditional rental market weakness in the fall and winter months is expected to drive vacancies this year to the highest levels since Reis started collecting its data in 1980.

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Wall Street Journal, The · Bloomberg

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