Apartment Construction is at a Five-Year Low

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10/07/2020

Apartment Construction is at a Five-Year Low

Millionacres Sep 29, 2020 by Lena Katz

Apartment construction over the summer was at a five-year low, according to CRE data company Yardi Matrix. Between worker shortages, closures of municipal offices, and disruptions to the supply chain, more than 50% of leading multifamily construction companies reported construction delays in a National Multifamily Housing Council (NMHC) Covid-19 survey over the summer...click here to read more.

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