Share of multifamily built for rent rises again

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August 25, 2014

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.
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