Tag Archive for ‘permits’

Multifamily Starts Rebound in June

The Census Bureau’s preliminary estimate of starts in buildings with five or more apartments for June came in at 213,000 (at a seasonally adjusted annual rate).  This is a 17 percent increase from May and reversed well over half of the previous month’s decline.  (Month to month fluctuations on this order of magnitude are typical for multifamily construction. )  On a year-over-year basis, five-plus… Read More ›

Five-Plus Starts Sustain Longest Stretch Above 200K Since 2008

In April, the (seasonally adjusted) annual rate of starts in buildings with five or more apartments increased by 4 percent from the revised figure for March, to 217,000.  However, the biggest multifamily news in the latest release from the Census Bureau’s Manufacturing and Construction Division lies in the revisions to previous numbers.  The five-plus starts rate for February was revised upward by 8… Read More ›

Starts, Permits Indicate Relative Health of the Multifamily Sector

In February, the (seasonally adjusted) annual rate of starts  in buildings with five or more apartments was 233,000, according to the latest release from the Census Bureau’s Manufacturing and Construction Division.  This is a 29 percent increase from the January starts rate  (which was revised upward slightly) and more than double the starts rate for February 2011.   Although a rate of… Read More ›