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.
Real Estate
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Renters may be the glue holding the housing market together
February 12, 2013, 2:37pm
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio