According to the most recent CoStar Commercial Repeat Sale Indices (CCRSI), apartment developers and investors can look forward to at least another year or two of high occupancy rates and pricing power in a strengthening economy. However, things could slow down in 2015 when the brunt of new supply is expected to be felt across numerous U.S. markets. CCRSI researchers state that multifamily pricing continued to post the strongest results of all product types during the first quarter, despite signs of a deceleration in apartment fundamentals. The sector's impressive performance has been driven in part by stronger fundamentals and loosening lending standards.
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