Market Absorption of Apartments Annual: 1976 Absorptions

H-130-76-5

During 1975, completions of privately financed, non- subsidized and unfurnished apartments in buildings of 5 units or more totaled about 216,500, Of these, 70 percent were rented within the first 3 months of completion, 85 percent were rented within 6 months, and 95 percent within 12 months.

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Page Last Revised - October 8, 2021