Search
 

Apartment Investment Conditions Decline Y-O-Y In Q3

On a more positive note investing conditions grew modestly stronger in many metro markets during the quarter compared to the preceding quarter, according to Freddie Mac.

By Erika Morphy | Updated on December 18, 2017

Freddie Mac headquarters

McLEAN, VA–In the third quarter multifamily investing conditions grew modestly stronger across many of the metropolitan markets tracked by the Freddie Mac Multifamily Apartment Investment Market Index, or AIMI. AIMI is an index that measures apartment investment conditions by measuring multifamily rental income growth, property price growth and mortgage rates.

In the third quarter, AIMI experienced a quarterly increase in 11 of the 13 markets it tracks, while at the national level, it remained largely flat (0.01% growth). Only Atlanta (AIMI: -0.43%) and Seattle (AIMI: -1.34%) saw declines.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.