PUYALLUP, Wash. – May 18, 2023 – San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the...Read
Apartment Prices and Sales Rise in Q1 2015
Apartment sales rose 68% year-over-year in Q1 2015, hitting $68 billion, according to a recent report from Real Capital Analytics. Apartment prices also increased, and are now 21% higher than the previous peak prices seen in 2007.
As prices and sales volume rose, cap rates fell 0.3% year-over-year to 5.9%. Mid- and high-rise apartments saw the greatest decline, down 0.8% to a 4.7% average cap rate. Garden-style assets remained relatively flat, dropping just 0.3% to 6.2%.
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