Housing completions rose 23% in 2024, but new housing starts dropped 15%, raising future supply concerns.
Purpose-built rentals made up 37% of starts and 31% of completions—highest rental construction in two decades.
Housing completions rose 23% in 2024, but new housing starts dropped 15%, raising future supply concerns.
Purpose-built rentals made up 37% of starts and 31% of completions—highest rental construction in two decades.
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