Once-Hot Apartment Construction Cooling as U.S. Housing Engine

Bloomberg

By Shobhana Chandra

Faster apartment building was instrumental in pulling the U.S. housing market out of its slump a decade ago. Now, that engine is starting to throttle back. A softening in the multifamily segment is something to keep an eye on even as overall homebuilding — which includes single-family dwellings that make up the largest share of the market — is expected to keep moving forward.

Read More

Previous CalAtlantic Homes Debuts The Only Age-Exclusive Community In North Irvine
Next Millennials are Abandoning the Suburbs for a New Kind of Neighborhood

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market 0 Comments

Renewed Life in the Inland Empire

Signs of renewed life in the Inland Empire? Despite the optimistic slant of this article, word on the street still seems to be that housing activity is sluggish in inland

Housing Market

Slight Slowdown in Sales but Continued Stability in California Housing Market

Existing home sales softened in May to 423,360 units from 427,880 in April. Nevertheless, the May number was 8.9% above the figure from May 2014 and represented the second highest