The apartment vacancy rate in metro Denver declined to at the end of the third quarter of 2012, down from in the second quarter and in the third quarter of 2011. This is the lowest level of vacancy in Denver for over a decade. It reflects increasing demand as Denver recovers from the Great Recession and, until now, a lack of new construction. The data used in the Apartment Perspective comes primarily from the quarterly Denver Metro Apartment Vacancy and Rent Survey conducted by Jennifer L. Von Stroh and Ron L. Throupe, . for the Apartment Association of Metro Denver (AAMD). The trend during.