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Conditions in the multifamily industry continue to improve, according to the latest survey by the National Multi Housing Council.
The multifamily industry trade association reports that all four indices it uses to measure multifamily market conditions showed an above 50 reading for the first time in the survey's five-year history.
This means that more respondents to the NMHC survey saw improving conditions than worsening conditions over the past three months.
Mark Obrinsky, vice president of research and chief economist, said, "The January survey results provide further evidence ...
Source: HighBeam Research, Apartment Sector Continues to Stabilize.(Brief Article)