Although multifamily housing starts are expected to slightly moderate this year and in 2019, production levels are projected to remain stable in a range considered normal, according to experts who presented at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla.
“For the foreseeable future, production of multifamily housing is expected to be running at a trend level where supply is meeting demand,” said NAHB senior economist Michael Neal.