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2020 Q2 Denver Multifamily Market Report

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Vacancies Climb While Rents Decline in Denver's Multifamily Market

Highlights

  • Metro Denver's vacancy rate continues its upward climb, up 120 basis points to 6.1% in Q2.
  • With the pandemic to blame, the Metro Area witnessed negative absorption for the first time since Q3 2012.
  • Rental rates continue their descent at $1,574, the lowest since Q2 2019.
  • More than 19,200 units are under construction.

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2020 Q2 Denver Multifamily Market Report

Download Report