The velocity of sales of market-rate apartment properties over 20 units in 2021 jumped 400% from 2020 as significantly more properties were brought to market during the year. Overall, 30 properties comprised of 3,028 units traded in 2021. Still, demand for apartment properties from investors far outstrips available offerings. Yields have compressed and trading prices continue to increase. As has been the case for some time, buyers are coming from around the country.