Earlier this week, Multi-Housing News posted an article highlighting takeaways from a recent Yardi Matrix report pertaining to occupancy growth through the first quarter of 2019. According to the numbers, the nation’s average occupancy rate decreased by 20 points year-over-year through April to 95 percent.
Despite the step back on a national level, the five markets highlighted by Multi-Housing News are defying the odds and have emerged as frontrunners for occupancy growth through April 2019.
The occupancy growth in these markets can be accredited to beneficial market characteristics such as strong demographic trends, favorable business climates, modest development in surrounding areas, and steady employment gains.
Click here for the full Multi-Housing News article and additional Yardi Metrix statistics regarding the highlighted markets and occupancy growth.
“Like” us on Facebook at: www.Facebook.com/EPICamg
Subscribe for more blog posts, news updates, and more at www.EPICamg.com