Economy Watch: U.S. Apartment Market Uneven in Q1

The apartment market continues to show signs of softening, according to the April National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions, which was released on Wednesday. Three of the four indexes calculated by the survey (Market Tightness, Sales Volume and Debt Financing) were all below the breakeven level of 50, while the Equity Financing Index decreased to 54. The survey asked 130 CEOs and other senior executives of apartment-related firms nationwide about market conditions.

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