So far this year multifamily investors have shown little inclination to reverse the slow sales trend of 2023.

Last year multifamily investment volume fell by 60% from 2022 to $117.5 billion, marking the lowest annual multifamily investment volume since 2014.

This year is supposed to be a better one all around for commercial real estate as more price transparency is established and with the promise of the Fed lowering interest rates. But the early returns aren't promising, Chad Littell, national director of U.S. capital markets analytics at CoStar Group, tells GlobeSt.com.

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