“We still softness in the market,” Gordon Von [...]
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“We know that vacancy rates tend to be sensitive to unemployment rates in Colorado,” Gordon Von [...] The harsh apartment climate in the Denver area is highlighted by an 11.4 percent vacancy rate in the university submarket in the City of Boulder. That is the highest vacancy rate since the fourth quarter of 2003, when it stood at 12.5 percent. And it is 58.3 percent higher than the overall apartment vacancy rate for [...] Denver-area apartment vacancy rates rose to a four-year high of 9 percent in the second quarter, marking the sixth consecutive quarter of rising vacancies, according to a report released today.
The vacancy rate is more than 45 percent [...] |
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