Apartment transaction volumes surged in 4th quarter, with the dollar value of trades – and the number of properties trading hands – hitting the highest level in more than 20 years, and possibly ever. Roughly 4,300 apartment properties changed hands at a value of nearly $148.9 billion during 4th quarter 2021, according to Real Capital read more
Apartment transaction volumes eased in 1st quarter 2022, following record volumes in 4th quarter 2021. Roughly 2,200 apartment properties changed hands at a value of nearly $63 billion during 1st quarter 2022, according to Real Capital Analytics (RCA). This was the strongest 1st quarter on record, though transactions were well below the previous quarter when read more
While unemployment did jump, August growth was better than expected across the U.S. job market.
Rising interest rates have dampened apartment investment activity, but sales remain solid. Though current sales were below the peak from three quarters ago, transactions have remai...
Job gains remain relatively strong across the U.S., but there are signs of slowing.
Among the nation’s largest transactions in 2023, several apartment communities sold for over $200 million.
The U.S. added fewer jobs than expected in July, as hiring continues to decelerate.
Employment additions were well beyond economists’ expectations in May.
Hurricanes and labor strikes stagnated U.S. job growth in October.
U.S. job growth was better than expected in September, surging as the Federal Reserve cut interest rates for the first time in four years.