Tuesday, August 2, 2016

Report: Charlotte's apartment construction seeing most growth in this sector

While multifamily construction continues to boom in and around Charlotte, just a slight percentage of new rental properties fall within the low-end category. According to a new report from Zillow, just 4.2% of new apartments built after 2014 in the Queen City have median rents in the least-expensive third of rental properties. That's the lowest percentage of the nation's 15 major housing markets analyzed by the Seattle-based online real estate firm. Denver and Seattle follow Charlotte in that measure. High-end…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/02/report-charlottes-apartment-construction-seeing.html?ana=RSS%26s=article_search

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