Multifamily Completions See 25% Increase

According to recent analysis from the NAHB’s Eye on Housing, the rental apartment market continued to be strong at the end of 2015 as multifamily production expanded.   Their data indicate that completions of unfurnished rental apartments in buildings with five or more units totaled 298,500 units for the four quarter period ending with the third quarter of 2015, representing a 25% increase from 2014.

Click here to read the full report on Eye on Housing.