In welcome news for local landlords, the Memphis multifamily market experienced positive demand in the second quarter after five quarters in a row in which more people moved out of local apartments than moved in, referred to as negative net absorption.
Memphis Multifamily Demand Rebounds, but Is Still Lowest in Country
Demand for Apartments Was Negative for Five Consecutive Quarters
CoStar Analytics
August 1, 2023 | 7:20 P.M.
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