Tag: Census Bureau
Multifamily completions surge in August
The Census Bureau’s new residential construction report stated that multifamily completions leapt to a multiyear high in August. However, multifamily starts fell despite higher...
Multifamily construction spending slides in July
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in July was down 0.04 percent...
Outlook for multifamily starts brightens
Fannie Mae’s August housing forecast calls for a higher level of multifamily housing starts in 2024 than predicted in last month’s forecast. This is...
Up-and-down multifamily housing construction stats move lower in July
The Census Bureau’s new residential construction report stated that multifamily permits and completions were down sharply in July after popping higher in June. However,...
Multifamily construction spending reported higher
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in June was up 0.14 percent...
Number of renter households exceeds 45 million in Q2
The Census Bureau released its quarterly report on home ownership and occupancy for Q2 2024. It stated that the rental housing vacancy rate was...
Multifamily housing construction bounces back from May lows
The Census Bureau’s new residential construction report for June stated that multifamily permits, starts, and completions were all up from May’s depressed levels. In...
Multifamily housing construction stats lower across the board
The Census Bureau’s new residential construction report for May showed weakness in all areas of multifamily housing construction. Permits, starts, units under construction and...
Multifamily construction spending in decline
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in April was down 0.30 percent...
Mixed month for multifamily housing construction
The Census Bureau’s new residential construction report for April showed multifamily permits were lower, starts rebounded higher and completions remained about the same.
Note that,...
Multifamily construction spending trends lower
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in March was down 0.61 percent...
Renter households on the rise
The Census Bureau released its quarterly report on home ownership and occupancy for Q1 2024. It stated that the rental housing vacancy rate was...
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...
