Sentences with phrase «apartment demand surged»
Apartment demand surged to a near - record volume in 2nd quarter 2017, easily outpacing completions.
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Meanwhile, after remote towns in North Dakota surged with thousands ready to work the Bakken, the luxury apartments built to accommodate them are half - vacant now that demand has died down.
Continued positive multifamily demand fundamentals and ready access to capital at attractive rates is fueling a surge in new apartment development, according to industry executives.
«We've witnessed a strong economic recovery in this region, and a steady uptick in job growth leading to a surge in demand for apartment housing.
Apartment Demand Soars in Tandem With Supply Wave With new apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool Apartment Demand Soars in Tandem With Supply Wave With new apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool somewhat.
Demand for apartments continues to be strong in Orange County, where high construction costs and surging land values maintain the housing market as one of the most expensive in the country.
The big surge in demand provided a shot in the arm to an apartment market which had struggled for momentum over the previous two years.
Demand for apartments in the Asheville area has surged over the last year.