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Apartment developers going back to Washington

Glut of rentals is seen to be easing as employment improves

Companies now building luxury apartments in Washington, DC, say that the market can handle the new supply.


THE Washington, DC, apartment market - after years of overbuilding that created a glut of rentals - is getting a new round of development by some of the country's biggest real estate companies as employment improves.

Toll Brothers Inc's apartment division will more than...