MBA Chart of the Week May 13, 2022: Multifamily Construction

Housing markets are tight. Multifamily developers are responding. Developers are currently building 800,000 new homes in buildings with 5 or more units – the most since the mid-1970s – and will put-in-place a record $100 billion of multifamily housing construction this year.

MBA Chart of the Week May 13, 2022: Multifamily Construction

Housing markets are tight. Multifamily developers are responding. Developers are currently building 800,000 new homes in buildings with 5 or more units – the most since the mid-1970s – and will put-in-place a record $100 billion of multifamily housing construction this year.

Healthy Forecast for Commercial Real Estate

Commercial real estate can anticipate post-pandemic growth rooted in strong regional markets and steady commercial and multifamily lending, the Urban Land Institute said.