NAHB Expects More Growth in Multi-Family Market with Strong Demand from Older Buyers Justin Sullivan Getty Images News

NAHB Expects More Growth in Multi-Family Market with Strong Demand from Older Buyers

“We are seeing more consumers actually make the decision to buy a new home as they are able to sell their current home at an acceptable price. We are busier now than ever before. And I don’t think it’s going to slow down anytime soon.” Steve Bomberger, president of Benchmark Builders Inc. in Wilmington, Del.

The multi-family market has had strong demand in recent years and is set to remain that way in 2015 despite certain headwinds that could affect the industry, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas.

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: Residential
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish