Student Housing Construction Investment Decreases in the Last Quarter of 2024
Private fixed investment in student dormitories edged down by 1.3% in the fourth quarter of 2024, reaching a seasonally adjusted annual rate (SAAR) of $3.86 billion. This decline follows a 1.9% increase in the prior quarter. However, private fixed investment in dorms was 7.2% lower than a year ago, as the elevated interest rates place…