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This year is starting out strong for the apartment market in Colorado Springs, as expected. We’re seeing an increase in the stabilized vacancy rate and while the rental market gained just 15 occupied units during this seasonally soft quarter, it was much higher than the negative absorption posted in the same quarter of the prior four years. Average rents are on the rise as well as sales. For more detailed information, click the link below.

Apartment News: First Quarter 2016