- Single-family construction spending rose 0.6% in January. Overall spending, including for multifamily and home improvements, fell by 0.4%.
|
- New apartment construction hit a record high last year. Developers completed almost 600K multifamily units, according to the U.S. Census.
|
- Falling mortgage rates lit a fire under demand last week. Mortgage applications jumped 20%, the first increase in 3 weeks.
|
.png)
