According to Bureau of Economic Analysis data recently crunched by the NAHB’s Eye on Housing, private fixed investment in student dormitories rose 1.2% to a seasonally adjusted annual rate (SAAR) of $3.96 billion in Q4 2023, after increasing 5.5% in Q3 2023. In addition, private fixed investment in dorms was 10.2% higher than a year ago, but still slightly below the pre-pandemic level.
“Student housing private investment is on the road to recovery as the pandemic has ended. In-person learning requires college students to return to campuses, boosting the student housing sector.”
Click here to read the full report at the NAHB’s Eye on Housing.