The liquidity in the apartment market in the United States decreased in October 2023, according to the National Multifamily Housing Council's (NMHC) market tightness index. The index is a standard diffusion index and is based on a quarterly survey among NMHC members. A value over 50 indicates a tighter market with low liquidity, while under 50, it shows that the market is loosening and liquidity increasing. In July 2021, market tightness reached its peak at 96 index points, meaning that this liquidity was at its lowest point according to industry experts. In October 2023, the index stood at 47 index points, the highest figure observed in the past two years.
Apartment market tightness index in the United States from January 2016 to July 2024
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NMHC. (July 22, 2024). Apartment market tightness index in the United States from January 2016 to July 2024 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1333703/apartment-market-tightness-index-usa/
NMHC. "Apartment market tightness index in the United States from January 2016 to July 2024." Chart. July 22, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1333703/apartment-market-tightness-index-usa/
NMHC. (2024). Apartment market tightness index in the United States from January 2016 to July 2024. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1333703/apartment-market-tightness-index-usa/
NMHC. "Apartment Market Tightness Index in The United States from January 2016 to July 2024." Statista, Statista Inc., 22 Jul 2024, https://www.statista.com/statistics/1333703/apartment-market-tightness-index-usa/
NMHC, Apartment market tightness index in the United States from January 2016 to July 2024 Statista, https://www.statista.com/statistics/1333703/apartment-market-tightness-index-usa/ (last visited October 31, 2024)
Apartment market tightness index in the United States from January 2016 to July 2024 [Graph], NMHC, July 22, 2024. [Online]. Available: https://www.statista.com/statistics/1333703/apartment-market-tightness-index-usa/
