May 21, 2024
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CRE: Luxury apartments see more demand after mortgage rate hikes 


By Staff Report High-end apartments have proven to be more resilient and resistant to economic pressures than houses and other types of apartments this year, according to a report from Institutional Property Advisors.  Housing prices and mortgage rates have continued to go up, leading to demand for high-end apartments to increase. Vacancy rates at Class…


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