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Home / News / Construction and Real Estate / Apartment vacancy 5.7%, despite abundance of new units (access required)

Apartment vacancy 5.7%, despite abundance of new units (access required)

While apartment construction in the Charlotte area is continuing at breakneck speed, demand for apartments remains strong and the vacancy rate is at a healthy 5.7 percent. While that may be good news for developers and investors, local leaseholders are allotting ever-increasing amounts of their wages to the landlord. That’s according to Charlotte analytics firm Real ...

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