Exhibit III-4
APARTMENT ABSORPTION VERSUS COMPLETIONS
CHESAPEAKE SUBMARKET
2000-2018
100
200
300
400
500
600
PROJECTED
2000-2013 AVG NET ABSORPTION:
133 units/year
2000-2013 AVG COMPLETIONS:
150 units/year
SOURCE: REIS
-200
-100
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Completions Net Absorption
Exhibit III-4
E4-11982.40
Printed: 3/27/2014
CITY OF CHESAPEAKE
