The completion of these units should help with rent pressure.Ĭombined, there are 1.682 million units under construction, just 28 thousand below the all-time record of 1.710 million set in October 2022.There is much more in the post. For multi-family, construction delays are a significant factor. This ties the record set in July 1973 of multi-family units being built for the baby-boom generation. In Montclair, N.J.: a five-bedroom, four-and-a-half-bath, three-story Craftsman-colonial house built in 1909, with an updated eat-in kitchen, formal living and dining rooms, a large primary. Rather an ad will be judged based upon whether an ordinary reader will. Currently there are 994 thousand multi-family units under construction. With respect to real estate advertising, 3604(c) of the Fair Housing Act of. To place a classified ad, call 1-800-ADTIMES or read. Single family units under construction peaked over a year ago since single family starts declined sharply.īlue is for 2+ units. The New York Times on the Web: Help Center Advertising in The Times To place a display ad in The New York Times, call (212) 556-7777. This was down in June compared to May, and 143 thousand below the recent peak in May 2022. By Mark Kreidler JA single mother in Oakland, Calif., with a successful career and a modest nest egg looked for a home that would comfortably fit a family of three. All information furnished herein is deemed reliable and is submitted subject to errors, omissions, change of terms and conditions, and prior sale, rental or withdrawal without notice. Currently there are 688 thousand single family units (red) under construction (SA). Today, in the CalculatedRisk Real Estate Newsletter: June Housing Starts: Record Number of Multi-Family Housing Units Under ConstructionĮxcerpt: The fourth graph shows housing starts under construction, Seasonally Adjusted (SA).
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