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As Vacancy Flattens, Los Angeles Multifamily Market Could Soon Turn Corner

Occupancy Losses Continue After the First Half of the Year

A residential area near downtown Los Angeles. (Getty Images)
A residential area near downtown Los Angeles. (Getty Images)

While the Los Angeles apartment market vacancy rate has remained steady this summer, hovering around 5.4% since late June, the figure could offer landlords a data point for cautious optimism that the market may improve.

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