The Urban Land Institute’s April Real Estate Business Barometer reports that apartment building investment sales were strong enough to pull the entire sector up from last month’s slump while CRE prices are at four year highs. Condominium sales are also at a 5-1/2 year high with strongly increasing prices.
“Overall, 65 percent of the key indicators in the Barometer have improved from the previous month’s Barometer; compared with a year ago, 87 percent have improved.