Marketplace statistics, forecasts a...

Marketplace statistics, forecasts and concern data

Apartment and condominium construction hurl down like a rock during 1991 The hoped-for mid-year regaining in multifamily construction never did materialize. The "credit crunch" exces furnish and the lingering recession prov to be too a great deal of to overcome. At this point we're cautiously optimistic that the worst is behind us, if it were not that it looks to be a protracted road back.

Total recently made known starts in buildings with five or more units totaled a measly 137900 units during 1991 -- an astounding 470 percent below a 1990 horizontal that was ...