Over the past two years, the national vacancy rate for U.S. apartments has increased from 4.7% to 7.2%, driven by eight straight quarters of supply outpacing demand.
Sun Belt Areas See the Biggest Apartment Vacancy Increases
Overbuilding of Luxury Apartments Has Top-Tier Vacancy Rates Skyrocketing
By Jay Lybik
CoStar Analytics
December 14, 2023 | 9:24 P.M.
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