Tag Archive for ‘townhouse’

Townhouse Market Share Weakening with Drop in First-Time Buyers

Total townhouse construction declined on a year-over-year basis during the first quarter of 2014. According to NAHB analysis of Census data of Starts and Completions by Purpose and Design, single-family attached starts totaled 13,000 for the quarter, compared to 15,000 during the first quarter of 2013. Over the last four quarters, townhouse construction starts totaled 66,000, down from the 72,000 total for the four quarters… Read More ›

Townhouse Construction at the End of 2013

Total townhouse construction declined slightly on a year-over-year basis during the final quarter of 2013, per Census data of Starts and Completions by Purpose and Design. Single-family attached starts totaled 17,000 for the quarter, compared to 18,000 during the last quarter of 2012. Over the course of 2013, townhouse construction starts totaled 68,000, just slightly higher than the 67,000 total for 2012. Using a one-year moving… Read More ›

Townhouse Market Share Drops

Total townhouse construction declined slightly on a year-over-year basis during the third quarter of 2013, per Census data of Starts and Completions by Purpose and Design. Single-family attached starts totaled 17,000 for the quarter, compared to 21,000 during the third quarter of 2012. Over the period spanning the fourth quarter of 2012 through the end of the third quarter of 2013, 69,000 townhouses began construction. Using a… Read More ›

Townhouse Construction Market Share

Total townhouse construction increased slightly on a year-over-year basis during the second quarter of 2013, per Census data of Starts and Completions by Purpose and Design. Single-family attached starts totaled 19,000 for the quarter, compared to 18,000 during the second quarter of 2012. Over the period spanning the third quarter of 2012 through the end of the second quarter of 2013, 73,000 townhouses began construction. Using… Read More ›

Townhouse Market Share Rises at Start of 2013

For the fourth consecutive quarter, construction of attached single-family housing (townhouses) increased both in terms of market share and year-over-year total units started. Per first quarter 2013 Census data of Starts and Completions by Purpose and Design, total townhouse construction continued to grow at the beginning of year, reaching a starts total and market share last seen in 2009. Townhouse construction starts totaled 15,000 for the quarter, a significant increase compared to… Read More ›

Townhouse Starts and Market Share Grow During Third Quarter

For the third consecutive quarter, construction of attached single-family housing (townhouses) increased both in terms of total units and market share. Per third quarter 2012 Census data of Starts and Completions by Purpose and Design, total townhouse construction has increased significantly in 2012, reaching a starts total and market share last seen in 2008. Quarterly construction of townhouses rose from 12,000 starts in the third quarter of 2011 to… Read More ›

After Recession Dip, Townhouse Construction Moving Along Increasing Trend

Construction of attached single-family housing (townhouses) is increasing both in terms of total units and market share. Per second quarter 2012 Census data of Starts and Completions by Purpose and Design, total townhouse construction increased significantly in recent months, matching a post-Great Recession high set during the homebuyer tax credit period. However, market share remains lower than in past years. Quarterly starts of townhouses rose from… Read More ›

Townhouse Market Share Growing Off Recent Lows

When we last reported on townhouse construction (attached single-family housing), townhouses had reached a decade low in terms of share of the total single-family construction market. We expected this short-run decline to end and the share of construction for townhouses to rise to its historically increasing long-run trend. Census data from the fourth quarter of 2011 suggests that this is happening. While the… Read More ›