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3 Remarkable Charts on How Construction Has Shifted Towards Multifamily Developments

by Peter Thomas Ricci

construction-industry-multifamily-single-family-shift-2014-1994-census-bureau

In a recent article on new construction, we reported that the multifamily share of total construction had risen from 17.2 percent of the market in Jan. 2002 to 35.1 percent of the market in Jan. 2015.

Such a striking development warrants closer inspection, so we analyzed 20 years of Census Bureau data on new construction and uncovered the following trends.

See what we found out in our infographic below:

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