Mid- and high-rise apartment transactions fell 60% to $2.5 billion, while sales of garden properties declined 26% to $4.3 billion. While the sluggish sales figures show that some buyers may still be waiting for a more advantageous environment, others have seen prices decline 20% over the last two years and are confident in making deals.
Source: MSCI: Prices have fallen over 20% in less than 2 years | Multifamily Dive
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