Exhibit III-5
CHESAPEAKE SUBMARKET CAPTURE OF NORFOK-HAMPTON ROADS APARTMENT ABSORPTION
CHESAPEAKE AND NORFOLK-HAMPTON ROADS REGION
2000-2018
-10%
0%
10%
20%
30%
40%
500
1,000
1,500
2,000
PROJECTED
2000-2013 AVG. CAPTURE:
9%
SOURCE: REIS
-40%
-30%
-20%
-500
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Metro Absorption
Chesapeake Absorption
% Capture of Region
Exhibit III-5
E4-11982.40
Printed: 3/27/2014
CITY OF CHESAPEAKE
