Multifamily Construction Is Shifting to the Suburbs

Dated: February 13 2021

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About one-third of multifamily building has moved to low-density markets in the suburbs and exurbs, which are seeing populations increase faster than are city centers over the past year, the National Association of Home Builders reported during the virtual International Builders’ Show on Thursday. The suburbs have been outpacing higher-density markets over the last four quarters, following a trend evident in single-family home construction too.  Read more.
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Steven Merlo

Experience & Leadership Steven Merlo serves as the Broker of Record and Co-Owner of NextHome New Prospects Realty, representing buyers and sellers throughout Union and Somerset Counties, New Jersey.....

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