Electrical Market Data
Home construction image (Photo by Justin Sullivan/Getty Images)

Single-Family Housing Starting to Heat Up

In its 2018-2019 housing market forecast, the National Association of Home Builders (NAHB), Washington, DC, forecasts +4.9% growth in 2018 for single-family housing starts and a -1.1% drop this year.

The 2017 year-end building permit data for local markets reinforces the dual trends that single-family housing construction is picking up nicely, while multi-family construction is slowing down from its a rapid pace over the past few years.

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TAGS: Residential
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