Friday, August 19, 2011
Absorption Rate Update-August 19, 2011
The abosroption rate dropped again for Hoboken to the lowest levels we seen in many months.
Jersey City increased to 31.68 weeks but is still doing very well.
Hoboken Absorption Rate Update August 19, 2011:
19.22 weeks vs. 20.25 weeks last week (5.1% decrease)
Downtown Jersey City Absorption Rate Update August 19, 2011:
31.68 weeks vs. 26.08 weeks last week (21.47% increase)
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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