In Sharp Reversal of Recent Decline, Freddie Mac Multifamily Apartment Investment Market Index Rises in First Quarter of 2024
Sharp(SHCAY) GlobeNewswire News Room·2024-06-13 18:00
"A decline in property prices and interest rates contributed to the AIMI's strong start in the first quarter of the year," said Sara Hoffmann, director of Multifamily Research at Freddie Mac. "The rising index across the board this quarter is especially notable and was aided by the largest quarterly decline in mortgage rates since 2010." Over the year, AIMI increased in the nation and in all but one market. Year over year: In addition to national and local values, a sensitivity table is available that captu ...