Despite global shocks, multifamily remains a sound commercial real estate investment and a favored asset class among lenders and investors, Michael Zaransky writes.
U.S. home prices posted their slowest annual growth rate in more than a decade in March, even as a shrinking supply of new listings kept prices from falling outright, according to Redfin.
Pending home sales rose 1.5 percent from February to March but remained 1.1 percent below last year's levels, according to the National Association of Realtors' monthly Pending Home Sales report.