Seven Things to Know About Construction

Here are some tips from Chicago Agent Magazine.

1. Construction is Definitely Up – In past months, monthly variations were canceled out by longer-term averages, but for once, quarter numbers were consistent with monthly gyrations. In the third quarter, which September concluded, housing starts were up 16 percent over the same period in 2013.
2. Multifamily is Still King – Of course, the one truly thriving sector of housing – multifamily – has driven those double-digit increases; though single-family building is up 8 percent from 2013’s third quarter, multifamily building is up an amazing 34 percent.
3. History in the Making – Here’s how good multifamily construction is right now: at a rate of 353,000, multifamily building is at its highest level since Jan. 1990, aka nearly 25 years ago! Click here for a great graph on the trends.

Check them all out at the link.

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1. Construction is Definitely Up – In past months, monthly variations were canceled out by longer-term averages, but for once, quarter numbers were consistent with monthly gyrations. In the third quarter, which September concluded, housing starts were up 16 percent over the same period in 2013.
2. Multifamily is Still King – Of course, the one truly thriving sector of housing – multifamily – has driven those double-digit increases; though single-family building is up 8 percent from 2013’s third quarter, multifamily building is up an amazing 34 percent.
3. History in the Making – Here’s how good multifamily construction is right now: at a rate of 353,000, multifamily building is at its highest level since Jan. 1990, aka nearly 25 years ago! Click here for a great graph on the trends.
- See more at: http://chicagoagentmagazine.com/7-important-things-know-new-construction/#sthash.y1hw1ov2.dpuf

1. Construction is Definitely Up – In past months, monthly variations were canceled out by longer-term averages, but for once, quarter numbers were consistent with monthly gyrations. In the third quarter, which September concluded, housing starts were up 16 percent over the same period in 2013.
2. Multifamily is Still King – Of course, the one truly thriving sector of housing – multifamily – has driven those double-digit increases; though single-family building is up 8 percent from 2013’s third quarter, multifamily building is up an amazing 34 percent.
3. History in the Making – Here’s how good multifamily construction is right now: at a rate of 353,000, multifamily building is at its highest level since Jan. 1990, aka nearly 25 years ago! Click here for a great graph on the trends.
- See more at: http://chicagoagentmagazine.com/7-important-things-know-new-construction/#sthash.y1hw1ov2.dpuf

1. Construction is Definitely Up – In past months, monthly variations were canceled out by longer-term averages, but for once, quarter numbers were consistent with monthly gyrations. In the third quarter, which September concluded, housing starts were up 16 percent over the same period in 2013.
2. Multifamily is Still King – Of course, the one truly thriving sector of housing – multifamily – has driven those double-digit increases; though single-family building is up 8 percent from 2013’s third quarter, multifamily building is up an amazing 34 percent.
3. History in the Making – Here’s how good multifamily construction is right now: at a rate of 353,000, multifamily building is at its highest level since Jan. 1990, aka nearly 25 years ago! Click here for a great graph on the trends.
- See more at: http://chicagoagentmagazine.com/7-important-things-know-new-construction/#sthash.y1hw1ov2.dpuf