Sales Volume, Velocity Continue Downward Spiral
Monday, November 24, 2008
Source: GlobeSt
GlobeSt reports: Not surprisingly, investment activity in the multifamily sector, like other segments of the industry, fell even more in October. With the global credit crunch in full swing over the past year, a lack of financing and the general uncertainty over the future paralyzed buyers of all kinds. This was reflected in deal volume and velocity, which were a fraction of what they were last year, according to Real Capital Analytics’ most recent Capital Trends Monthly report.
View the full article on GlobeSt: Sales Volume, Velocity Continue Downward Spiral
Posted by: Nina Turner