The National Multifamily Housing Council (NMHC) released the data for the October report: NMHC Quarterly Survey of Apartment Conditions (October 2019) The Market Tightness Index decreased from 60 to 54. Any reading above 50 indicates tighter conditions from the previous quarter.This indicates tighter market conditions for the third straight quarter.Click…

NMHC: Apartment Market Tightness Index indicates tighter conditions in October