Marcus & Millichap’s 2016 National Apartment Report has just been released. The report predicts that elevated development efforts throughout the Philadelphia metro will contribute to a slight vacancy increase this year, although demand remains strong. Despite the sizable addition to stock, rent growth will remain robust in 2016. For more information about this, along with additional valuable market insight, take a look at the 2016 National Apartment Report. Call us today to discuss how we can assist you with your strategy.
Click the link below to view the full report. Specifics about the Philadelphia metro are available on Page 44 of the report.