Do multi family buildings rise when single families do?

[Kenneth LaVoie]

Hi
I have heard that the "housing market" is finally beginning to turn around. Now obviously I know this requires alot more thought than "Ok, all is well now." However I've also heard that as SFH prices rise, credit gets a LITTLE easier, people tend to swing back toward buying vs. renting. That being said, IN GENERAL, what have some of your more "seasoned" folks observed about the connection between home prices and apartment prices? For context, I am in central Maine. I own 4 SFH in "ok" but not great areas and then the rest are 2-11 unit apartments in B & C areas (mostly B).

My concern is, "hey, this housing recovery I've been waiting for .... is this only for SFHs?" I can almost see where both SFH & lower income units are a good diversifier for any landlord. The SFH, though typically less cash flow per unit, can be easier to sell for higher price. The lower income units will house those that most likely will NOT jump to buying just becuase the economy gets better. I have a combo of all 3, luckily, but wanted to gain some perspective on this 'cycle' and what I might expect! Thanks all.