Solid gains in both single-family and multifamily housing production resulted in nationwide housing starts rising 12.1 percent to a seasonally adjusted annual rate of 954,000 units in December, according to newly released data from the U.S. Commerce Department
Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming online, with a full recovery already in the multifamily market, according to the National Association of Realtors quarterly commercial real estate forecast.
September existing-home sales declined modestly, but inventory continued to tighten and the national median home price recorded its seventh back-to-back monthly increase from a year earlier, according to the National Association of Realtors.
Fusion 1560, designed by Humphreys & Partners Architects and CSJM Architects, was named Multifamily Community of the Year by the National Association of Home Builders (NAHB).
The NRP Group, based in Cleveland, earned top honors as Multifamily Development Firm of the Year by the National Association of Home Builders (NAHB) as part of the association's Multifamily Pillars of the Industry Awards.
The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB) today, improved for the eighth consecutive quarter with an index level of 54. It is the highest reading since the second quarter of 2005.
Coswick Hardwood is pleased to announce that a new designer flooring product, Ash Pearl Grey, will be launched and available as part of Uniblock collection of hardwood flooring beginning of October 2012.
