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Market Absorption of Apartments: First Quarter 1998-Absorptions (Completions in Fourth Quarter 1997). Current Housing Reports
An estimated 72,600 apartments were completed in buildings with five units or more in the fourth quarter of 1997. This estimate is not significantly different from the 66,300 apartments completed in the third quarter of 1997, but is 9,900 + or - 7,560 higher than the 62,700 apartments completed in the same quarter of the previous year. Of the units completed in the fourth quarter of 1997, approximately 55,800 were privately financed, nonsubsidized, unfurnished, rental apartments. This estimate is not significantly different from the revised 51,300 unfurnished rental units completed last quarter, but is 12,600 + or - higher than the 43,200 unfurnished rental completions in the fourth quarter of 1996.
Market Absorption of Apartments: First Quarter 1998-Absorptions (Completions in Fourth Quarter 1997). Current Housing Reports
An estimated 72,600 apartments were completed in buildings with five units or more in the fourth quarter of 1997. This estimate is not significantly different from the 66,300 apartments completed in the third quarter of 1997, but is 9,900 + or - 7,560 higher than the 62,700 apartments completed in the same quarter of the previous year. Of the units completed in the fourth quarter of 1997, approximately 55,800 were privately financed, nonsubsidized, unfurnished, rental apartments. This estimate is not significantly different from the revised 51,300 unfurnished rental units completed last quarter, but is 12,600 + or - higher than the 43,200 unfurnished rental completions in the fourth quarter of 1996.
Market Absorption of Apartments: First Quarter 1998-Absorptions (Completions in Fourth Quarter 1997). Current Housing Reports
1998
16 pages
Report
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Englisch