Apartment market conditions significantly weakened in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for April 2020. The survey found that indexes tracking Market Tightness (12), Sales Volume (6), Equity Financing (13), and Debt Financing (20) all came in well below the breakeven level of 50.
The reason for these declines, of course, is the economic havoc brought on by the coronavirus.
Read more...Apartment Market Conditions Dramatically Weaken Amid Coronavirus via GlobeSt
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