Apartment Market Softens, Sales Put on Hold Amidst Rising Rates and Economic Uncertainty
November 7, 2022
Article by: Colin Dunn
The Fed’s continued interest rate hikes have resulted in higher costs of both debt and equity and a higher degree of economic uncertainty. This has caused the market for apartment transactions to come to a virtual standstill, as buyers seek a higher rate of return that sellers are unwilling to accommodate via lower prices.
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