Preliminary numbers for the full year of 1999 show a pattern of the single-family sector doing much better than the multifamily residential construction market.
By Daryl Delano, Cahners Economics | February 29, 2000
|(Thousands of Units, Seasonally-Adjusted Annual Rate)|
|Single- Family||Multi- family|
|Historical Data: U.S. Department of Commerce
Forecast: Professional Builder
The Midwest recorded a 7.5% increase in total starts during 1999. The Northeast (+3.5%) and the South (+2.6%) saw starts increase at modest rates.