Estimated reading time: 0 minutes, 24 seconds

Construction Lagging in 'Millennial' Areas: NAHB

Construction growth has begun to lag in “Millennial” areas, according to a new report from the National Association of Home Builders. So reports Housing Wire.

However, even though growth has slowed, these areas have enjoyed some of the highest single-family and multifamily housing production rates when matched with areas housing different age demographics. There have been two straight quarters of declines for single-family construction in areas with a high concentration—at least 26%—of Millennials.

Read the full article from Housing Wire.

Read 1495 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.