Multifamily housing starts fell for the third consecutive month in February 2014, according to the National Association of Home Builders (NAHB).
The seasonally adjusted annual start rate of 312,000 units during the month exceeded the average level recorded between 2000 and 2003 by 2.4 percent.
Meanwhile, existing condo and co-op sales prices, not seasonally adjusted, rose by 9.8 percent over the past 12 months, states NAHB.
Read more...APARTMENT MARKET STATISTICS: June 2014 | Multi-Housing News Online
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