…earliest estimates in the series (1972), most multifamily units were historically located in buildings with less than 50 units (low-medium density buildings). Of the total 608,000 multifamily units completed in…
…Compared to a year ago, single-family construction spending decreased by 4.5%. Meanwhile, multifamily construction spending stayed flat for the month but continued to follow the downward trend that began in…
A sharp decline in multifamily production pushed overall housing starts down in May, while single-family output was essentially flat due to economic and tariff uncertainty along with elevated interest rates….
…multifamily permits, while 24 states and the District of Columbia recorded a decline. Alaska (+312.5%) led the way with a sharp rise in multifamily permits from 24 to 99, while…
Single-family construction growth slowed substantially across all markets in the first quarter of 2025, according to the Home Building Geography Index (HBGI). Multifamily construction growth remained negative in the largest…
…April and was 5.5% lower on a year-over-year basis. Multifamily construction spending edged down 0.1% in April, staying in the downward trend that began in December 2023. Compared to April…
…Absorption of New Multifamily Units (SOMA). The survey covers new units in multifamily residential buildings with five or more units. The number of new multifamily units completed pulled back slightly…
