Economy Watch: Multifamily Construction Spending Nears Pre-Recession High
Construction spending in 2017 was just 2.6 percent short of the pre-recession peak in 2006, Apartment List reported. Single-family residential construction hasn't recovered to the same extent.
Market Pulse for May 2018
The months’ supply of homes increased to 3.7 months in February, from 3.0 months in January. Median prices on condos and co-ops nationwide rose by 5.7 percent over the past year to $227,300 in February.