Meanwhile, the top four year - to - date leaders logged negative year - over-year changes, suggesting normalization of
apartment construction activity in the nation's largest markets.
Nashville has recently found itself in unfamiliar territory as a national leader in terms of
apartment construction activity.
Nashville has recently found itself as a national leader in terms of
apartment construction activity as developers are drawn to the metro by a strong economy, favorable demographics, and a healthy apartment market.
Not exact matches
Activity in the medium - density sector, which is expected to remain strong in the near term, is likely to tail off later in the year as the large number of
apartments currently under
construction are completed.
But the convergence of low interest rates, eager investment capital, an aging
apartment base, and a modest slowdown in new
apartment construction has intensified the
activity.
Apartment building
activity in the Southeast is expected to pick up in the next year, with the number of new
construction starts in 2012 likely to top this year's total by 50 percent.
The number of U.S.
apartment units being authorized for
construction is easing — but the most active markets for permits register accelerating
activity.
This information shows how
apartment communities boost local economic
activity from
construction and ongoing operation to
apartment resident spending.
Demand for
apartments remains strong four years after the recovery began, even as
construction activity has gradually increased.
The annual spending on new
apartment construction and existing
apartment operations are major engines of economic
activity, jobs and personal earnings.