Investors spent a lot less money on apartment properties so far this year compared to 2016, but prices in the sector keep rising anyway.
Prices for mid-rise and high-rise properties inched up 1.0 percent year-over-year, and prices for garden-style apartment properties grew 10.0 percent in the second quarter of 2017, according to the Real Capital Analytics Commercial Property Price Index (RCA CPPI).
Read more...Pullback Continues in the Investment Sales Market for Apartment Proper
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