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Tag Archives: construction costs

Multifamily Growth Drives June Housing Starts

multifamily housing

Overall housing starts rose in June driven by strong multifamily growth, while single-family production remained slow as elevated mortgage rates, rising construction costs and persistent labor shortages continued to weigh on the market, according to the NAHB. Overall housing starts …

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Single-Family Housing Starts Down in April

single-family housing starts april

Single-family housing starts declined in April as builders faced continued economic uncertainty and affordability challenges, including higher construction costs, ongoing labor shortages and elevated financing expenses, according to the National Association of Home Builders (NAHB). Overall housing starts decreased 2.8% …

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