Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
A respected business leader and strong supporter of affordable housing in the U.S. and around the world, J. Ronald Terwilliger is chairman of the Enterprise Community Partners, vice chairman Enterprise Community Investment, and chairman emeritus of Trammel Crow Residential
High-end looks for student and affordable housing, green and energy-efficient building systems and contemporary design are the hallmarks of this year's finalists for the 2013 Multifamily Pillars of the Industry Awards, which honor superior achievement in apartment and condominium development, design, marketing and management and are sponsored by the National Association of Home Builders (NAHB).
Nationwide housing starts rose 6.8 percent to a seasonally adjusted annual rate of 914,000 units in May due primarily to increased production on the multifamily side, according to newly released data from HUD and the U.S. Census Bureau.
The Multifamily Production Index (MPI), released recently by the National Association of Home Builders (NAHB), inched down two points to an index level of 52.
Soaring production of multifamily apartments pushed nationwide housing starts beyond the million-unit mark for the first time since 2008 in March, according to newly released figures from HUD and the U.S. Census Bureau.
Due to a double-digit dip on the typically volatile multifamily side, nationwide housing starts declined 8.5 percent to a seasonally adjusted annual rate of 890,000 units in January, according to newly released data from HUD and the U.S. Census Bureau.
