The news in today’s newly-built home sales report was found in the estimates for June, rather than July. Contracts for new, single-family home sales decreased in July by 12.8% to a 635,000 seasonally adjusted annual rate according to estimates fr…
An elevated rental share of multifamily construction is holding typical apartment size below levels seen during the pre-Great Recession period. As multifamily developers build more for-sale housing units in the years ahead, the average size of multifam…
Builder and developer confidence in the multifamily market strengthened in the second quarter of 2019, according to the National Association of Home Builders’ (NAHB) Multifamily Market Survey (MMS). The MMS consists of two indices measuring supply and …
