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Friday, July 26, 2024

Tag: multifamily completions

apartment construction

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...
supply outpaces demand

Completions outpace new starts by widest levels in decades

Multifamily analysts predict supply will continue to exceed demand this year, keeping vacancy elevated and putting downward pressure on rents. So far...

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