The absorption rate of new apartments remained near historical lows in last year’s fourth quarter, according to the latest Census Bureau report, as the number of completions posted a third straight ...
U.S. housing metrics are rising YoY, but metro absorption gaps are widening. Northeast markets favor sellers, while Florida and Texas favor buyers.
Despite dominating raw transaction volume with nearly six times the Northeast's sales, the Sun Belt housing market demonstrates lower efficiency with a 7.3% absorption rate. This market dynamic ...