The FIDI Report: 4Q2022
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Sales:
• Total transaction volume decreased over 57% YoY
• The average price per square foot returned to above $1,500 per foot, up 28% QoQ
• One bedrooms saw the largest YoY drop in transaction volume, down 69%
Rentals:
• Price drops are up almost 200% YoY
• In all units under three-bedroom status, the average price per square foot was up 6%
• Units rented decreased 30% QoQ
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