The delays in apartment construction just keep on coming, and we now have an estimate of how many new units scheduled for completion in 2017 will actually deliver in 2018.
Based on a formula using last year’s delay percentage as a base, Axiometrics, a RealPage company, estimates that some 56,186 units will be delayed into next year. That figure is up from 50,658 delayed from 2016 to 2017, which in turn was a huge leap from 14,805 from 2015 to 2016.
Read more...Axiometrics.com | Apartment Construction Delay Estimate: 56,000 Units
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.