Friday, June 21, 2013

housing starts May....

How will the multifamily growth scenario play out as we move forward? With home ownership levels dropping during the great recession and first time home owners struggling to raise down payment monies, will the growth in multifamily inventory levels fill a market void/need or is another bubble within a bubble being formed?

U.S. housing starts rose 6.8% in May, but single-family building was nearly flat.

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