NEW YORK (Reuters)- The U.S.
apartment sector posted its smallest vacancy decline in nearly two years, raising the possibility that the strongest commercial real estate category may be succumbing to the sluggish economy, according to real estate research firm Reis Inc..
The UK serviced
apartment sector posted strong performance growth in 2017, according to ASAP and STR.
Not exact matches
Apartment developers are setting their sights on new construction as the property
sector begins to
post gains in occupancies and rents.
The
apartment sector has also
posted a decline in prices during the period, at 0.5 percent.
MPF Research reports that the U.S.
apartment sector continues to
post strong fundamentals even as new supply levels ramp up — with occupancy registering around 95 % and annual rent growth around 3 % for the seventh consecutive quarter.
The only
sector that
posted a slight decrease in prices, according to Green Street, was the
apartment sector, with a decline of 1.0 percent for the month.