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Entries in rental rates (1)

Wednesday
May122010

National Multi Housing Council announces 1st Quarter market survey results

DateWednesday, May 12, 2010 at 1:15PM

Residential market conditions show improvement.

The National Multi Housing Council (NMHC, Washington, DC) has released the results for their quarterly survey of market conditions, according to Michael Tucker in a May 7, 2010 press release. 

For over a decade, the organization has surveyed CEOs and other senior executives of apartment-related firms who serve on the Board of Directors or Advisotry Committee in four key areas:  market tightness, sales volume, equity financing and debt financing.  The quarterly nationwide results are available to interested persons HERE.

April 2010 numbers reveal an improving residential rental market. 

  • Market tightness made the largest gain quarter over quarter by increasing, meaning demand and rents are up. 
  • Sales volume is up, indicating the market is moving again and there are both buyers and sellers in the marketplace. 
  • Equity financing is generally available, indicating there is interest in the market and optimism for residential real estate. 
  • Finally, debt financing showed slight signs of improvement, indicating it was more available than it was in January 2010 by returning to levels reported in October 2009. 

For a complete look at the historical numbers since 1999 visit:  www.NMHC.org/goto/QuarterlySurvey09.



AuthorMerrie Turner Lightner | Comments Off |
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