NAHB Expects More Growth in Multi-Family Market with Strong Demand from Older Buyers

摘要

The multi-family market has had strong demand in recent years and is set to remain that way in 2015 despite certain headwinds that could affect the industry, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Las Vegas. The number of multi-family apartments forecast to be built is likely to reach a sustainable level that is higher than the levels of production in the past. As the industry reaches that new plateau, the pace of construction is likely to level off in 2015 and into 2016.