The value of multifamily housing starts in the United States is expected to keep its upward trend until 2026. In 2020, multi-family housing starts decreased due to the economic downturn caused by COVID-19. Most of the homes purchased in the United States were, nevertheless, single-family housing. Showing that there is a preference for that type of house.
Value of new multifamily home construction in the United States from 2013 to 2021, with forecasts from 2021 to 2026
(in billion U.S. dollars)
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Construct Connect. (November 4, 2022). Value of new multifamily home construction in the United States from 2013 to 2021, with forecasts from 2021 to 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/653064/value-of-new-multifamily-housing-construction-starts-us/
Construct Connect. "Value of new multifamily home construction in the United States from 2013 to 2021, with forecasts from 2021 to 2026 (in billion U.S. dollars)." Chart. November 4, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/653064/value-of-new-multifamily-housing-construction-starts-us/
Construct Connect. (2022). Value of new multifamily home construction in the United States from 2013 to 2021, with forecasts from 2021 to 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/653064/value-of-new-multifamily-housing-construction-starts-us/
Construct Connect. "Value of New Multifamily Home Construction in The United States from 2013 to 2021, with Forecasts from 2021 to 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Nov 2022, https://www.statista.com/statistics/653064/value-of-new-multifamily-housing-construction-starts-us/
Construct Connect, Value of new multifamily home construction in the United States from 2013 to 2021, with forecasts from 2021 to 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/653064/value-of-new-multifamily-housing-construction-starts-us/ (last visited November 23, 2024)
Value of new multifamily home construction in the United States from 2013 to 2021, with forecasts from 2021 to 2026 (in billion U.S. dollars) [Graph], Construct Connect, November 4, 2022. [Online]. Available: https://www.statista.com/statistics/653064/value-of-new-multifamily-housing-construction-starts-us/