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Pockets of worry in US apartment market

There is growing unease that construction may outpace demand

Mr Gregory: 'Everything that is being built and delivered is filling just fine.' - PHOTO: JENN ACKERMAN/THE NEW YORK TIMES

[NEW YORK] Over the last year, the apartment developer Arnie Gregory has opened 236 units in two early 1900s warehouses in the trendy downtown Minneapolis North Loop neighbourhood. All are full and fetching higher-than-expected rents by about 25 US cents a square foot.

But a 171-unit...