Sentences with phrase «new multifamily housing»

Typically, the development of new multifamily housing needs plenty of lead time too.

The report gives voice to some anxiety about possible overbuilding, noting that long development periods in multifamily housing make it harder to determine the actual volume of new multifamily housing coming onto the market.

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.

Since the housing crisis in 2008, new multifamily housing starts have reached and exceeded pre-crisis levels.

Developers have finally begun to build new multifamily housing at rates comparable to the rate of new construction before the crash, in response to the healing housing markets and the strengthening overall economy.

After bottoming out two years ago, spending on new multifamily housing has surged more than 76 %.

The South Korean national government has set a target to have all new multifamily housing achieve zero net energy by 2025, with the Seoul Metropolitan Government going further to set 2023 as its target year.