Commercial Weekly: Renter Demand Shifts Toward More Affordable and Suburban-Class B/C Apartments

Renter Demand Shifts Toward Class B/C Apartments

Apartment building with balconies
The apartment vacancy rate has fallen to a decade low of 4.5%, and the asking rent has soared to a historic high of 10.5%.
By:
Scholastica (Gay) Cororaton
Commercial & Investment Real Estate, Rental Properties
Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-renter-demand-shifts-toward-more-affordable-and-suburban-class-bc-apartments

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