Annual Apartment Survey 2007 “Are We There Yet?” Ken Danter The Danter Company. Columbus Apartment Association May 17, 2007. Demographic Trends Employment Trends Housing Starts Single Family Trends Condominium Trends Apartment Trends. Outline. Demographic Trends Columbus MSA.
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Columbus Apartment AssociationMay 17, 2007
Single Family Trends
Single family entry level construction to be below sustainable levels for 3 to 5 years
Continued conversions will reduce number of apartments in the market (and the same number of renters)
Decreasing vacancies to stabilize at 6% to 7% over the next two years
Rent increases of 1% to 1.5% per year
Declining concessionsThe Future
Go to sustainable levels for 3 to 5 yearswww.danter.com and look for Columbus Apartment Association Presentation – May 17, 2007For a Copy of Today’s Presentation