Multi-Unit Housing Starts Pick Up in Eight U.S. Cities

Abstract:
January through April 2008 total housing starts in the U.S. are -28.9% versus the same period last year. However, there is a big difference between the singles and multiples markets. Single-family starts nationwide are -38.8% while multiples are +11.2%. There are eight U.S. cities where multi-unit starts have increased significantly.
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