Deaton Investment Real Estate News

Vacancies will remain low in 2017

Even while adding nearly 2,800 new apartment units over the past six months, the Triangle’s vacancy rate for apartments in the region remained a steady 6.1 percent in the second half of 2016, according to the most recent AptIndex report by Charlotte-based Real Data.

And, as for now, its looking like increasing demand for apartment units in the Triangle is expected to keep up and even exceed all the new construction across the region.