Real Estate

Renters may be the glue holding the housing market together

To date, construction of multi-family units destined for the rental market rose by 150% over the two years ending in the third quarter of 2012, CNNMoney reported. That’s by far higher than the 50% rise of newly constructed multi-family homes for sale, and a 30% increase of single-family starts also for sale, according to Capital Economics.

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3d rendering of a row of luxury townhouses along a street

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