During the first quarter of 2025, net absorption, or the difference between move-ins and move-outs, fell slightly from its level in the prior year to just over 1,000 units, representing just a decline of 18%.
During the first quarter of 2025, net absorption, or the difference between move-ins and move-outs, fell slightly from its level in the prior year to just over 1,000 units, representing just a decline of 18%.
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