Residential Construction in 2023: Multifamily Starts Fall from 38-Year High, Single-Family Fall for 2nd Year, Both Still Higher than pre-Covid
Higher interest rates bit, but builders adjusted to them. By Wolf Richter for WOLF STREET. Construction starts of single-family houses and units in multifamily buildings (condos and apartments), fell by 9% in 2023, to 1.41 million housing units, […]