All four indexes landed above the breakeven level of 50 in the April National Multifamily Housing Council Quarterly Survey of Apartment Market Conditions.
The Market Tightness Index increased by 7 points from last quarter (and by 2 points from a year earlier) to 58. Thirty-one per cent of respondents reported tighter conditions than three months ago. This now marks the fifth consecutive quarter where the index indicates overall improving conditions.