The multifamily industry’s vital statistics are presented in the March 2012 issue of Multi-Housing News.

Multifamily sales in the Las Vegas metro area increased by 59.6 percent between the third quarters of 2010 and 2011, this in concurrence with the overall unemployment rate dropping from 15.5 percent to 14.2 percent.

Last year was a very good year for Long Island City, N.Y., which leveraged the rising rents in Manhattan and Brooklyn to attract many first-time residents.

Austin is expecting a population growth exceeding 50,000 people, undoubtedly increasing the demand for apartments, pushing rents and occupancies.

Salt Lake City employment expanded 1.8 percent in the first three quarters of 2011, with nearly 11,000 jobs added to the marketplace, which equates to a 2.3 percent increase in private sector employment. Additionally, Marcus & Millichap projects that an additional 14,000 jobs will be added in 2012.

Demand for multifamily assets in the Windy City has been significant, with $1 billion worth of properties in the sector trading this year.

The multifamily industry’s vital statistics are presented in the February 2012 issue of Multi-Housing News.

The multifamily industry’s vital statistics are presented in the December 2011 issue of Multi-Housing News.

The multifamily industry’s vital statistics are presented in the November 2011 issue of Multi-Housing News.

Milwaukee has doubled its job growth in the last year; coupled with virtually no new construction, the market has one of the lowest vacancies in the Midwest.