Multifamily market shows little signs of slowing down

Hillsborough, Pinellas, Hernando and Pasco counties set a sales record for multifamily properties in the first half of 2019.

By Business Observer Staff
| 6:00 a.m. July 26, 2019
| 0 Free Articles Remaining!

Courtesy. Runaway Bay Apartments in Pinellas Park.

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Chatter of a looming slowdown the multifamily market has been, well, looming for quite a while. But the Tampa Bay area, again, shows little sign of joining that club.

The latest evidence: The region — Hillsborough, Pinellas, Hernando and Pasco counties — set a sales record for multifamily properties in the first half of 2019, according to a CoStar Market Analytics report.