The number of building permits issued last month made July one of the strongest months for the multifamily industry so far this year, the U.S. Census Bureau reports.
About 299,000 new permits were issued for the month, with 25,000 for buildings with 2 to 4 units and 274,000 for buildings with 5+ units. That’s an 11.2 percent increase from June, according to the National Association of Home Builders (NAHB).
Read more...Multifamily Permits Up for July - Multifamily Building - Multifamily Executive Magazine
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