Sentences with phrase «multifamily housing stock»

Overall, both single - family and multifamily housing stock has lagged behind household growth in many markets — home ownership rates, under 64 percent, are still below historical averages, according to the U.S. Census Bureau's quarterly report issued at the end of October 2015.

Not exact matches

There are very few large multifamily buildings in Park Slope and even fewer are ever offered for sale, particularly in close proximity to Prospect Park, as the majority of the housing stock surrounding Prospect Park is either single - family brownstones or has been converted to coops or condos.

These per - bed facilities are specifically designed to attract the younger college students; as such, new projects that have come on - line are stocked with amenities foreign to most typical multifamily housing structures.

As you see some of that growth in the single - family market getting kind of transmitted over to multifamily, that's just putting greater pressure on household budgets and incomes, and the declining stock of affordable rental housing.

The closed sales count for multifamily listings is at 9,823, which is up 9.6 percent compared to 2016 numbers meanwhile single - family housing stock has dropped marginally year - to - date at a rate of about 5.1 percent.

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.

Nationwide, NOAH stock is under tremendous market pressure as the demand for market - rate multifamily housing continues and investors in search of value - add opportunities convert NOAH to market - rate or luxury product.