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.
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