Apartment sales plunge 74%, fastest drop since Great Recession
![Apartment sales plunge 74%, fastest drop since Great Recession](https://thefloridabusinessreview.com/wp-content/uploads/2023/04/luxury-rental-2-dZWn7o.png)
Interest rates are to blame as investors who scooped up multifamily buildings throughout the early years of COVID-19 pull back, according to a new report.
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Interest rates are to blame as investors who scooped up multifamily buildings throughout the early years of COVID-19 pull back, according to a new report.