The construction of multifamily homes in the U.S. is expected to fall sharply in 2024 and 2025. This would come after a period of significant growth between 2019 and 2023. New residential construction in the United States decreased in 2023.
New multifamily construction spending in the United States from 2005 to 2023, with forecasts until 2028
(in billion current U.S. dollars)
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FMI Corporation. (April 30, 2024). New multifamily construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/226511/value-of-us-multi-family-building-construction/
FMI Corporation. "New multifamily construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars)." Chart. April 30, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/226511/value-of-us-multi-family-building-construction/
FMI Corporation. (2024). New multifamily construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/226511/value-of-us-multi-family-building-construction/
FMI Corporation. "New Multifamily Construction Spending in The United States from 2005 to 2023, with Forecasts until 2028 (in Billion Current U.S. Dollars)." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/226511/value-of-us-multi-family-building-construction/
FMI Corporation, New multifamily construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) Statista, https://www.statista.com/statistics/226511/value-of-us-multi-family-building-construction/ (last visited November 21, 2024)
New multifamily construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) [Graph], FMI Corporation, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/226511/value-of-us-multi-family-building-construction/
