Apartment vacancies were down and rents were up last month as people got tired of living in their parents’ basements and rented a place of their own. Nationally, the apartment vacancy rate was 7.8 percent at the end of June, down from 8 percent in the first quarter. Rents rose 0.7 percent from April to June, the largest quarterly gain in two years.
Friday, July 9, 2010
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