Wednesday, August 30, 2006

NAHB.org - "New Index Shows Strengthening Demand For Multifamily Rental Apartments Confidence Soaring" (8-22-06)

"Builder confidence in current rental apartment market conditions climbed to a new high in the second quarter of 2006, and their expectations for the next six months are even higher amid rising occupancy rates, rising rents, and increased traffic at all classes of rental apartments, according to results from the National Association of Home Builders/Fannie Mae Multifamily Rental Market Index* (MRMI), released today."

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