Multifamily assets were the top performer in July, CREXi reported Monday, with new assets showing both a rise in average asking price per square foot and a contraction in cap rates. The average price per square foot for multifamily assets increased by 6.8% from June to July, while the average cap rate fell to 6.44%. CREXi said the positive performance continues multifamily’s Q2 growth trajectory.

Source

Multifamily Fares Best in Pricing Rebound


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