Apartment Absorption Remains Steady

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The US Census Bureau’s Survey of Market Absorption (SOMA), produced in collaboration with the Department of Housing and Urban Development, provides users with the opportunity to take a look at apartment completions and absorption rates on a quarterly basis. According to the SOMA, completions of unfurnished, unsubsidized apartments in buildings with five or more units totaled to 70,400 in the… Read More ›

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