U.S. Condo, Apartment Sector Confidence Weakens in Q1
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This statistic represents the number of establishments in the U.S. apartment and condominium construction industry between 2005 and 2017. Here, there were approximately 3,600 such establishments.
In Q1 2012 the number of sales dropped slightly from 51 in Q1 2011 to 45 in Q1 2012 and the number of new listings rose slightly from 114 to 119. The average sale price slumped from $259,040 to $199,652, down 30% from Q1 of last year.
Economy Watch: U.S. Apartment Market Uneven in Q1 The U.S. apartment market is sending mixed signals, according to the latest nmhc quarterly Survey of Apartment Market Conditions. Apr 26 2018
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Confidence in Apartment and Condo Housing Sectors Weakens in the First Quarter Builder and developer confidence in the multifamily market weakened in the first quarter of 2019, according to results from the National Association of Home Builders’ (NAHB) Multifamily Market Survey (MMS).
The Howard Hughes Corp (NYSE: HHC) Q1 2019 Earnings Call May. on assets and returns on costs that far surpass the ability of other investors across the U.S. or real estate investors to bring assets.
Condo apartment construction reached a record 61,337 units as of the end of Q1-2018; An additional 37,389 new condo apartments were in the pre-construction marketing phase, of which a record 86% were pre-sold; New condo apartment sales totaled 4,219 units in Q1-2018, returning to more typical first quarter volume following a record 9,744 sales.
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