Out with the Old, in with the New
According to statistics provided by REIS, multifamily vacancy in Southern Nevada increased to 3.6 percent in the third quarter of 2018 (the most recent quarter of available data). Vacancy was 0.5 points higher than one year ago. Quarter-over-quarter, vacancy in Class A properties increased by 0.2 points to 4.4 percent and vacancy in Class B/C properties increased by 0.2 points to 2.8 percent.
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