Era of High Returns Ending?

1st Quarter CREV Updates

Master Graphs for Web 1Q 2016 P1_Page_4EQUITY FLIGHT?

Transaction activity in the last 4 years has increased in excess of 27%, reflecting an ever increasingly active market throughout that time-frame.  However, the first quarter 2016 activity appears to be relatively flat.

Also, the 100+ unit category has been extremely active the last two years.  This appears to be continuing into 2016.

Are these events really reflecting pending equity flight from the local market?

CREV 1st Quarter 2016 Details