Historic figures were recorded in the Freddie Mac Multifamily Apartment Investment Market Index (AIMI) for Q2 as it decreased nationwide on both a quarterly and annual basis, driven primarily by record mortgage rate growth.

The nation and 11 markets experienced their largest annual AIMI decline in the history of the index. AIMI overall fell by 11.7% in Q2, with the index down 17.9% compared with the second quarter of 2021.

The AIMI index takes into account employment, multifamily permits, net operating income and property price and helps investors determine how the relative value of investing in multifamily properties in select major metros.

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