Multifamily permits issued in January rose year-over-year in the Northeast and Midwest and fell in the South and West, according to a report from the National Association of Homebuilders
The Northeast was up by 64.5% and the Midwest increased by 13.6%. The South posted a decline of 32.5% and the West declined by 27.9%.
The 10 largest multifamily markets were New York, Dallas-Fort Worth, Phoenix, Austin, Miami, Orlando, Houston, Los Angeles, Cape Coral, and Boston, respectively.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
