Investors remain bullish on Atlanta multifamily though sales have moderated compared to the record-breaking volume in Q4 2021. However, transaction activity is still elevated, according to CoStar. Apartment pricing is appreciating so quickly that some owners are selling their assets after brief hold periods, helping elevate sales volume. Rents are outpacing the national average, recording 13.7 percent growth year-over-year. Atlanta’s 6.5 percent vacancy rate is below its 10-year average of eight percent, enabling landlords to push rents in the spring and summer leasing season.