The document summarizes housing and economic data for the Trenton, NJ region. It finds that from 2000 to 2010 the rental market was balanced to soft, but has improved since 2011 with vacancy rates down. An estimated 4,600 vacant homes and units under construction could meet some of the 830 new homes expected to be demanded in the next 3 years. Rental demand is forecast at 2,100 new units with current construction addressing part of this need. The region has seen strong multifamily construction and a recovering job market with the largest employers in healthcare and government.