A shift happening in housing starts, according to Colliers, should be good news for multifamily and single-family or build-to-rent owners.
Colliers pulled together data from various sources, including the U.S. Census, Department of Housing and Urban Development, Zillow, Freddie Mac, and Green Street.
In 2024, there were 588,000 multifamily units completed, the highest figure since 1974. Single-family home completions have been roughly even since 2022. Both types have been down since 2021.
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