News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Robert Dietz / NAHB / May 28, 2013
For the fourth consecutive quarter, construction of attached single-family housing (townhouses) increased both in terms of market share and year-over-year total units started.
Per first quarter 2013 Census data of Starts and Completions by Purpose and Design, total townhouse construction continued to grow at the beginning of year, reaching a starts total and market share last seen in 2009.
Townhouse construction starts totaled 15,000 for the quarter, a significant increase compared to 10,000 in the first quarter of 2012. Over the period spanning the secondRead More