A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Current Housing Reports: Market Absorption of Apartments. Annual 1995 Absorptions (Apartments Completed in 1994)
During 1994, a total of 104,000 privately financed, nonsubsidized, unfurnished, rental apartments in buildings of five units or more were completed in permit-issuing areas in the United States. Although still low by historical standards, this was a 35 (+ or = 17) percent increase over the 77,200 like completions in 1993, and about the same as the 110,200 such units completed in 1992. The 77,200 units built in 1993 was the lowest level of privately financed, nonsubsidized, unfurnished rental apartment completions since the survey began in 1970. Eighty percent of the unfurnished rental apartments built absorbed in 3 months and 98 (+1) percent absorbed in 12 months. The 20 percent of the 1994 completions with an asking rent of $750 or more were 79 percent and 96 percent absorbed in 3 and 12 months, respectively.
Current Housing Reports: Market Absorption of Apartments. Annual 1995 Absorptions (Apartments Completed in 1994)
During 1994, a total of 104,000 privately financed, nonsubsidized, unfurnished, rental apartments in buildings of five units or more were completed in permit-issuing areas in the United States. Although still low by historical standards, this was a 35 (+ or = 17) percent increase over the 77,200 like completions in 1993, and about the same as the 110,200 such units completed in 1992. The 77,200 units built in 1993 was the lowest level of privately financed, nonsubsidized, unfurnished rental apartment completions since the survey began in 1970. Eighty percent of the unfurnished rental apartments built absorbed in 3 months and 98 (+1) percent absorbed in 12 months. The 20 percent of the 1994 completions with an asking rent of $750 or more were 79 percent and 96 percent absorbed in 3 and 12 months, respectively.
Current Housing Reports: Market Absorption of Apartments. Annual 1995 Absorptions (Apartments Completed in 1994)
1996
26 pages
Report
No indication
English