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U.S. Apartment Occupancy Continues Upward in July

After reaching a two-decade high in May, U.S. apartment occupancy has continued to climb. Strong leasing activity in this year’s peak season has continued to cause apartment vacancies to drop, with July’s occupancy rate reaching 96.2%. That rate, the highest rate since 2000, was up 0.4 points year-over-year. As usual, occupancy was tightest in the …

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