Today news
About the same in other media
24.04 - 18:51
Apartment-Building Sales Drop 74%, the Most in 14 Years
Reading now: 390
wsj.comSales of rental apartment buildings are falling at the fastest rate since the subprime-mortgage crisis, a sign that higher interest rates, regional banking turmoil and slowing rent growth are undercutting demand for these buildings.
Investors purchased $14 billion of apartment buildings in the first quarter of 2023, according to a preliminary report by data firm CoStar Group. That represents a 74% decline in sales from the same quarter a year earlier and would be the largest annual sales decline for any quarter going back to a 77% drop in the first quarter of 2009.
Read more on wsj.comAbout this in other media
How to buy the right laptop for you at the best price theguardian.com /1 year ago
Cryptocurrency Ether Leaps To 11-Month High In Wake Of Software Upgrade ndtv.com /1 year ago
Your Income Taxes Are Due. Here’s Who Pays The Most. wsj.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Arbitrum’s [ARB] daily users skyrocket, but the reason is not what you might think](https://finance-news.co/storage/thumbs_400/img/2023/4/11/63769_mkwj.jpg)
