by calculated risk May 16, 2024 09:35:00 AM
In today’s Calculated Risk Real Estate newsletter: The number of businesses started by single-person households in March increased by 18% compared to the previous year.Apartment housing has decreased significantly compared to the previous year.
A brief excerpt:
Total housing starts in April exceeded expectations, but the numbers for February and March were revised downward.
The third chart shows the month-on-month change in total construction starts for 2023 (blue) and 2024 (red).
Total construction starts in April decreased by 0.6% compared to April 2023.
The decrease compared to the same period of the previous year was due to a significant decrease in the number of apartment housing starts compared to the same period of the previous year.
