While conditions continue to loosen, sales volume increased for the second consecutive quarter.
Apartment market conditions continue to weaken due to worsening financing availability.
However, the quarterly survey shows improvements in debt financing at the start of the year.
How much have rents really risen? Here’s how the National Multifamily Housing Council puts rising rents in perspective.
Nearly half of multifamily mortgage debt outstanding is backed by the federal government and, thus, stands to benefit from the CARES Act and recent actions from the Federal Reserve.