Market Data

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected] Multifamily Starts: Housing starts of buildings with five or more units have oscillated in recent months. In March 2016, starts of buildings with five or more units fell by 8.5 percent to a seasonally adjusted annual rate of 312,000. Over the previous 12 months dating back to March 2015, these housing starts have risen on a monthly basis six times—March 2015, April, June, September, November and February 2016—while falling on a monthly basis in the other six months. However, using the three-month moving average to smooth the month-to-month volatility…

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected] Multifamily Starts: After two consecutive months of declines, housing starts of buildings with five or more units rose in February 2016. On a seasonally adjusted annual rate basis, housing starts of buildings with five or more units increased by 2.4 percent over the month of February. Over the past 12 months, housing starts of buildings with five or more units climbed 16.8 percent, reversing the 12-month decline of 9.5 percent witnessed in January. Despite the increase over the past 12 months in housing starts of buildings with five or…

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected] Multifamily Starts: In January 2016, housing starts of buildings with five or more units fell. This is the second consecutive monthly decline. Over the month of January, housing starts of buildings with five or more units, measured at a seasonally adjusted annual rate, declined by 2.5 percent to 354,000. Over the past two months, these housing starts have decreased by 7.8 percent. Since reaching 455,000 units in September, housing starts of buildings with five or more units have averaged 361,000 over the months of October 2015 to January 2016….

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected] Multifamily Starts: In December 2015, housing starts of buildings with five or more units gave back a portion of the gains made in November 2015. After growing from 344,000 to 378,000, a 9.9 percent increase, between October and November, housing starts of buildings with five or more units fell by 3.4 percent to 365,000 over the month of December. Despite the one-month decline, the number of housing starts of buildings with five or more units in 2015, 385,000, exceeded the level in 2014, 342,000, by 12 percent. Since reaching…

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected] Multifamily Starts: In November 2015, housing starts of buildings with five or more units recovered a portion of production pace lost over the month of October. Measured on a seasonally adjusted annual rate basis, housing starts of buildings with five or more units fell by 26 percent in October to 337,000. However, in November, production rose by 18 percent to 398,000. Despite the month-over-month fluctuation, the number of these housing starts, at 301,000, still exceeds the average monthly level recorded between 2000 and 2007. Meanwhile, its contribution to total…

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected] Multifamily Starts: After a steep decline in July, from 510,000 to 382,000, housing starts of buildings with five or more units, measured at a seasonally adjusted annual rate, have now risen for two consecutive months. In September 2015, housing starts of buildings with five or more units rose by 17.0 percent to 454,000. This increase follows the 1.6 percent growth that took place in August. Together, housing starts of buildings with five or more units have risen by 18.8 percent over the past two months. Since the monthly rate…