Construction activity for fresh mu...
Construction activity for fresh multifamily residences -- apartment and condominium buildings with sum of two units or more units -- has held up fairly well this year, although more attention has been paid to the super-charged single-family side of the market. between the sides of the first eight months of 1999 total housing starts in the U increased at 5.4 percent over 1998's January-to-August total. The recently made knowns was particularly good for single-family starts, which were up 7 percent between the walls of August. By comparison, the number of multifamily units begun end August was running about 1 percent below the
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