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Multifamily markets to remain strong in 2014
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The escalation of home prices and interest rates, more stringent lending standards and slow income growth have led to a booming multifamily market.
The Freddie Mac Multifamily Investment Index, which measures the relative attractiveness of investing in multifamily properties over time, was at 146.3 for the third quarter of 2013, which is significantly above the historical average of 124.6, according to Freddie Mac’s 2014 Multifamily Economic Outlook.
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