Rents climbing for apartments, vacancies falling in Salt Lake metro area

Recently released data from Cushman and Wakefield Commercial Real Estate Solutions indicates that the overall mid-year apartment vacancy rate in Salt Lake County was 5.2 percent, a slight decline from last year when the rate was at 5.7 percent. The decrease in vacancy rates was a result of rising demand for rental units due to the increasing number of households unable to qualify for homeownership. Deseret News