Sentences with phrase «multifamily housing increased»

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Multifamily building leads US housing starts higher in January A 19.7 percent increase in residential rental and condominium starts lead to a 9.7 percent...

In recent years there has been increasing pressure to replace the single - family housing with higher density residential development which is permitted by the existing multifamily zoning in this area.

(Sec. 292) Requires the Secretary of HUD to establish incentives: (1) for increasing the energy efficiency of multifamily housing that is subject to a mortgage to be insured under the National Housing Act so that the housing meets the energy efficiency standards of this subtitle; and (2) to encourage compliance of such housing with the energy efficiency, conservation, and green building standards of this suhousing that is subject to a mortgage to be insured under the National Housing Act so that the housing meets the energy efficiency standards of this subtitle; and (2) to encourage compliance of such housing with the energy efficiency, conservation, and green building standards of this suHousing Act so that the housing meets the energy efficiency standards of this subtitle; and (2) to encourage compliance of such housing with the energy efficiency, conservation, and green building standards of this suhousing meets the energy efficiency standards of this subtitle; and (2) to encourage compliance of such housing with the energy efficiency, conservation, and green building standards of this suhousing with the energy efficiency, conservation, and green building standards of this subtitle.

January's solid 10 % rise in single - family housing construction in will help tame home price growth, and the increase in multifamily units should continue to help slow rent growth.

All of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord's market commanding bigger rent increases.

In the year ahead, demand for multifamily properties in urban areas and in the affordable housing sector will continue increasing, while appetite for luxury condos may slow down, predicts Byron Carlock, Jr., U.S real estate practice leader with...

The government has been actively supporting the growth of the multifamily market via the release of lease - only residential land plots in leading cities where house prices are becoming unaffordable for the younger generations as well as other policies to better regulate and increase transparency.

Regionally in February, combined single - and multifamily housing production increased 7.6 % in the Midwest.

A study by NAHB economists shows that the increase in the cost of lumber since the beginning of 2017 has been enough to drive up the price of an average new single - family home by $ 6,388, and the market value of an average new multifamily housing unit by $ 2,430.

This phenomenon has contributed to a significant slowdown in most housing markets in single family home purchases but it has also contributed to a significant increase in multifamily and single family rental occupancy and rental rates.

Single - family 55 + starts will be up 23 % in 2013 to a total of 37,500, while construction of multifamily 55 + housing units will increase 20.8 % to a starts total of about 37,000.

By requiring municipalities to permit multifamily development in zoning districts suitable for such development, and by establishing a minimum density for those developments, housing production is increased and allows for more affordable units to be built.

«This rise in single - family housing construction will help tame home price growth, and the increase in multifamily units should continue to help slow rent growth.»

In his talk, he discusses how Fannie Mae and Freddie Mac are increasing access of low income households and households in low - income / high - minority areas to affordable single - family housing and to multifamily rental units.

With the exception of multifamily housing, which will benefit from the continuing slack in home sales, all major sectors are expected to see increasing vacancies, negative rent growth, and generally weak absorption in 2010.

Sales rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun said.

«When we look at loan volume, government sponsored enterprise [GSE] mortgages have taken on increased importance, with multifamily and seniors housing becoming more dependent on Fannie Mae and Freddie Mac as a major source of long - term debt financing,» said Robert G. Kramer, president of NIC.

Unlike the stagnant home construction in the single - family detached market, multifamily housing starts have increased considerably in 2017, per data from the National Multifamily Housimultifamily housing starts have increased considerably in 2017, per data from the National Multifamily Housing Chousing starts have increased considerably in 2017, per data from the National Multifamily HousiMultifamily Housing CHousing Council.

We believe projects like this serve to increase the stock of affordable housing in high costs areas such as New York,» says Ken Bacon, senior vice president of multifamily for Fannie Mae.

Led by a solid increase in both single - family and multifamily starts, nationwide housing production rose 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released by the U.S. Department of Housing and Urban Development and the U.S. Census housing production rose 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released by the U.S. Department of Housing and Urban Development and the U.S. Census Housing and Urban Development and the U.S. Census Bureau.

«Rent increases have been higher in multifamily housing where supply is not matching strong demand, thereby allowing landlords to raise rents at faster rates,» he said.