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Las Vegas Multifamily Sales Volume Drops to Lowest Level Since 2020

About $125 Million Traded in the First Quarter of 2023
A sharp rise in interest rates has contributed to a dramatic slowdown in investment activity in the Las Vegas apartment market.
A sharp rise in interest rates has contributed to a dramatic slowdown in investment activity in the Las Vegas apartment market.
CoStar Analytics
May 10, 2023 | 8:28 P.M.

Higher interest rates, tighter credit and weakening fundamentals have contributed to a sharp drop in investment volume in the Las Vegas apartment market.

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