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Moody’s Update: Rising Vacancies and Revenue Pressures
Multi Housing News writes:
“Elevated vacancy rates have led to higher concessions in tenant-favored markets.
The multifamily sector continued to exhibit resilience despite ongoing supply-side pressure throughout the second half of the year, according to recent data from Moody’s. Notably, two-thirds of metros reported stable or improved vacancy and rent performances during the second quarter, highlighting the sector’s robust demand that maintained a stable vacancy rate of 5.7 percent, a modest 50-basis-point increase from the previous year.”
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