What is it?
Multi-Family Housing Starts reflect the number of privately-owned residential buildings containing units built one on top of another and those built side-by-side which do not have a ground-to-roof wall and/or have common facilities construction projects that have begun during a particular month, measured in thousands.
Who is interested?
Economist, Analyst, Investors
What does it tell me?
Multi-Family Housing Starts tell you how many new construction projects are beginning for privately owned multi-family units. It can reveal nuances of how the economy is developing. The type of houses being built can give a more detailed assessment of the current state of housing and trends.