The share of multifamily homes built for rent rose again for the second quarter, the NAHB reports. The increasing market share for rental multifamily homes is also showing a decrease in typical new unit size below levels seen during the housing boom. The NAHB further reports that as multifamily developers build more for-sale housing units in the years ahead, the average size of multifamily homes is likely to rise.
Share of multifamily built for rent rises again
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