According to Census data recently crunched by the NAHB’s Eye on Housing, single-family built-for-rent construction posted year-over-year declines in Q4 2024 as a higher cost of financing crowded out development activity. They say the slowdown is similar to the deceleration of multifamily construction in recent quarters. In addition they say investor demand for single-family homes, both existing and new, has cooled with higher interest rates.
Click here to read the full report at the NAHB’s Eye on Housing.
