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The multifamily market continued apace through 2021 as the investment champion, driven by a combination of strong demand, easy money and lack of supply. No real surprise at the general observation, given data from various sources throughout the year. 

But according to the 2022 RCM Lightbox Investor Sentiment Report, multifamily had a year that shredded previous activity, and that’s after some recent years of record activity. Not only was the sales volume of $326.8 billion a record, but it nearly matched the $337.2 billion of 2019 and 2020 combined.

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