Housing starts rose by 18 percent over the month of September 2014 to 353,000 units, according to the National Association of Home Builders (NAHB). NAHB reports that in September 2014, the three-month moving average of housings starts of buildings with five or more units reached a post-recession high of 360,000 units, a 6 percent increase over the 341,000 that was recorded in August 2014 and 2 percent over the last high of 351,000 that was recorded in July 2014.
Apartment total returns increased by 2.53 percent in the third quarter, compared to 2.41 percent in the quarter before, and 2.21 in the first quarter, according to National Council of Real Estate Investment Fiduciaries.
Read more...APARTMENT MARKET STATISTICS: January 2015 | Multi-Housing News Online
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