Falling housing inventories and an increase in demand bode well for the market's recovery next year, according to Barclays 2013 housing outlook report.
Townhomes: A Growing Option Once More?
Townhouses are showing a strong comeback. For the third-consecutive quarter, the construction of townhomes — attached single-family housing — saw a sharp rise in total units and market share to a point that hasn’t been seen since 2008, the National Association of Home Builders reports.
The construction of townhouses nearly doubled in the past year — rising from 12,000 starts in the third quarter of 2011 to 21,000 starts during the third quarter of 2012. The market share of townhouses makes up 12.1 percent of all single-family housing starts, up from 11.2 percent during the previous quarter of this year. Read more ...
No comments:
Post a Comment