Multifamily Investment Outlook – Q4 2015

Multifamily sales see record volumes driven by strong U.S. leasing fundamentals. Concerns over short-term supply-side issues paralleled a healthy pull-back in construction starts; most markets will work through as these arise. Vacancy rates may signal an inflection point given recent supply growth, but rent growth remains accelerated. Foreign capital continues to seek multifamily product, accounting for 7.2 percent of buyers

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