Market Absorption of Apartments Annual: 1972 Absorptions

H-130-73-5

During 1972, completions of privately financed, nonsubsidized and unfirnished apartments in buildings of 5 or more units totaled about 483,000. Of these, 68 percent were rented within the first 3 months of completion, 84 percent were rented within 6 months, and 96 percent within 12 months.

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Page Last Revised - October 8, 2021