Apartment vacancies at 10-year low
Posted on Thu, Nov 17, 2011
The vacancy rate in Colorado apartments fell during the third quarter of 2011, dropping to the lowest rate recorded since 2001.
According to a report released Thursday by the Colorado Division of Housing, the combined vacancy rate for apartments in 22 markets across Colorado during the third quarter was 5.0 percent. The vacancy rate was 5.5 percent during the third quarter of last year, and the rate was 5.2 percent during the second quarter of this year.