Report says Miami vacancy low, more jobs to be added this year

  • South and Midwestern cities concentrated the list of markets with the biggest opportunity for return.
  • Miami vacancy is among the lowest in the country and is forecasted to reach 3.5 percent by the end of 2016.
  • 31,000 jobs are expected to be added in Miami, which surpasses the 22,600 jobs added last year.

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The multi-family and single-family rental markets are continuing to make headway throughout the nation, according to a report recently released by HomeUnion. While the end of 2015 was somewhat rocky for the U.S. economy, it has regained traction through the start of 2016 to prepare itself for what economists believe to be a promising year.