Tag: Census Bureau
March is a down month for multifamily housing construction
The Census Bureau’s new residential construction report for March showed multifamily permits were flat for the month, and that was the relative bright spot....
Multifamily construction spending continues decline in February
The Census Bureau’s report on construction spending said that multifamily residential construction spending in February was down 0.16 percent from the revised level of...
Fannie Mae lowers housing starts forecasts on higher interest rates
Fannie Mae’s March economic forecast calls for multifamily housing starts to decline modestly through the end of 2025. Single-family housing starts are expected to...
Multifamily completions hit 50 year high
The Census Bureau’s new residential construction report for February showed multifamily construction unit completions continuing their recent surge. In addition, both multifamily permits and...
Lower multifamily construction spending in January
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in January was down 0.4 percent...
Census report foretells multifamily construction slowdown
The Census Bureau’s new residential construction report for January showed rising level of multifamily construction completions. However, both multifamily permits and starts were down...
Multifamily construction spending ticks higher in December
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in December was up 0.3 percent...
Vacancy rate unchanged as more households rent in Q4
The Census Bureau released its quarterly report on home ownership and occupancy for Q4 2023. It stated that the rental housing vacancy rate was...
High-income households drive renter growth
Data from several sources suggests high-income renters drive renter growth.What does it mean that the number of renters with incomes above $100K...
Multifamily construction spending remains steady
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in November was up 0.1 percent...
Multifamily construction starts rise in November
The Census Bureau’s new residential construction report for November stated that multifamily construction starts and completions were up from the levels reported last month....
Multifamily construction spending weakens
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in October was down 0.2 percent...
Multifamily construction starts higher while completions fall
The Census Bureau’s new residential construction report for October stated that the number of multifamily construction permits and starts were up from the levels...
Multifamily completions predicted to slow beginning in 2026
Yardi Matrix revises its forecast of multifamily construction starts and completions as development activity slows, predicts new supply will bottom in 2026 Yardi...
Multifamily construction spending up from last month’s report
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in September was down 0.2 percent...
