Fifth consecutive quarter of uninterrupted growth; Market still lacks widespread capital

WASHINGTON, D.C. – April 26, 2012 – (RealEstateRama) — Optimism continues for the apartment industry, according to the latest results of the National Multi Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. The findings reflect a gradual recovery for the multifamily sector that faced a 50-year low in apartment starts in 2009.