Single-Family Permits Performing Well in February 2024
…February 2023 YTD, 21 states recorded growth in multifamily permits, while 29 states and the DC recorded a decline. Delaware (+485.3%) led the way with a sharp rise in multifamily…
…February 2023 YTD, 21 states recorded growth in multifamily permits, while 29 states and the DC recorded a decline. Delaware (+485.3%) led the way with a sharp rise in multifamily…
…after a dip of 0.8% in January. However, spending on multifamily construction was 6.1% higher than a year ago, as a large stock of multifamily housing is under construction. Private…
…the first quarter of 2021 at 23.09% of the market. After this minimum, the share rose to a peak of 25.01% in the second quarter of 2023. For the multifamily…
After examining trends in single-family permits, we now turn our attention to multifamily permits to continue our exploration of correlations in housing permit data. Using multifamily permits from 2012-2022, five-year…
…unit construction in February. The three-month moving average for multifamily construction has been trending up to a 419,000-unit annual rate. On a year-over-year basis, multifamily construction is down 34.8%. On…
…rise in multifamily permits from nine to 43, while Alaska had the greatest decline of 100% from 54 to zero. The ten states issuing the highest number of multifamily permits…