Single-family housing starts declined in June to the lowest rate since July 2024 as multi-family production showed a significant increase for the month. Due to a solid increase in multifamily production, overall housing starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. […]
A report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau states that overall housing starts increased 1.6% in April to a seasonally adjusted annual rate of 1.36 million units. The April reading of 1.36 million starts is the number of housing units builders would begin if development kept this […]
Confidence in the market for new multifamily housing declined year-over-year in the first quarter, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down three points year-over-year, while the Multifamily Occupancy Index […]
We will get back to you as soon as possible