Multifamily Demand Fell in April
Taking a closer look at April price class performance now that the first full month in which most of the nation was in some sort of lockdown in response to COVID-19 is in the books.
Taking a closer look at April price class performance now that the first full month in which most of the nation was in some sort of lockdown in response to COVID-19 is in the books.
This month we review the year-over-year nationwide performance of the ALN price classes for conventional properties – a period from October 2018 through October 2019.
Class A properties in Miami have had a rocky few years, and there is little reason to expect a change in the near future.
One way to evaluate multifamily performance is to look at the usual metrics through the lens of price class rather than just by geography. This month let’s consider the year-over-year nationwide performance of the ALN price classes—a period from April 2018 through April 2019.