Currently Reading

Building This Type of Housing Could Solve the Housing Shortage


Building This Type of Housing Could Solve the Housing Shortage

January 25, 2021
Photo: Roman

The National Association of Home Builders suggests two to four unit multifamily housing to be a fit solution for the housing shortage. Such structures could be duplexes, fourplexes, townhomes, courtyard buildings, and cottage courts. For first-time buyers, Boomers, single-person households, and those wanting to downsize, this solution could be ideal. It provides a more affordable entry into homeownership and offers smaller footprints than single-family detached homes, yet lower density than a large apartment complex. This type of housing has been affected by the pandemic, with permit data for two to four unit multifamily construct at its lowest in April, but reaching its highest level in October.

Looking at the quarterly averages for 2020, permits averaged 45,000 units per month in the first quarter, 38,000 units during the second quarter, 47,000 units in the third quarter, and rising to 52,000 units at the end of the year. These gains were consistent with a suburban shift witnessed for both single-family and multifamily construction, which will lead ultimately to market share gains for missing middle, light touch multifamily development.

Read More

Related Stories


NAHB Chairman's Letter: Finding Common Ground

 At the National Association of Home Builders, we are not Republicans or Democrats, we’re Housers

Built for Rent

Single-Family Built-for-Rent Inventory Jumps 50% From 2019

Construction starts for single-family, built-for-rent homes increased 50% last quarter compared to the fourth quarter of 2019. Built-for-rent…


Homeownership Remains the Largest Asset for Households

Homes remain the primary source of household wealth, according to the Federal Reserve’s 2019 Survey of Consumer Finances. Homeownership rates…


More in Category


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.