Tuesday, July 16, 2013

APARTMENT MARKET STATISTICS: July 2013 via Multi-Housing News Online

Multifamily housing starts averaged 325,000 in the first quarter—exceeding the annual average observed in any year since the 1980s, according to the National Association of Home Builders. Housing starts increased in March to a seasonally adjusted annual rate of 392,000 units. Permits fell to seasonally adjusted rate of 283,000, however.

Price indices for gymsum and softwood lumber have returned to approximately 93 percent of their highs registered during the housing boom. Coop and prices continue to power up in March.

Read more...APARTMENT MARKET STATISTICS: July 2013 | Multi-Housing News Online

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