The liquidity in the apartment market in the United States decreased in October 2023, according to the National Multifamily Housing Council's (NMHC) market tightness index. The index is a standard diffusion index and is based on a quarterly survey among NMHC members. A value over ** indicates a tighter market with low liquidity, while under **, it shows that the market is loosening and liquidity increasing. In July 2021, market tightness reached its peak at ** index points, meaning that this liquidity was at its lowest point according to industry experts. In October 2023, the index stood at ** index points, the highest figure observed in the past two years.
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NMHC. (July 22, 2024). Apartment market tightness index in the United States from January 2016 to July 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1333703/apartment-market-tightness-index-usa/
NMHC. "Apartment market tightness index in the United States from January 2016 to July 2024." Chart. July 22, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1333703/apartment-market-tightness-index-usa/
NMHC. (2024). Apartment market tightness index in the United States from January 2016 to July 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1333703/apartment-market-tightness-index-usa/
NMHC. "Apartment Market Tightness Index in The United States from January 2016 to July 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 Jul 2024, /statistics/1333703/apartment-market-tightness-index-usa/
NMHC, Apartment market tightness index in the United States from January 2016 to July 2024 ÌÇÐÄÆƽâ°æ, /statistics/1333703/apartment-market-tightness-index-usa/ (last visited July 28, 2026)
Apartment market tightness index in the United States from January 2016 to July 2024 [Graph], NMHC, July 22, 2024. [Online]. Available: /statistics/1333703/apartment-market-tightness-index-usa/
