Baltimore Apartment Market in Expansion Phase

According to Viewpoint 2013 report, Baltimore apartment market is in the first phase of expansion cycle. This indicates growth, decreasing vacancy rates, moderate to high new construction, high absorption, moderate to high employment growth, medium to high rental rate growth.  Current inventory is 145, 370 units, 3.7% vacancy rate, 7,225 units under construction 2013-2016.

Source: Integra Realty Resources Viewpoint 2013 

 

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