Newsfeed: Starts Fall by 10% While Multifamily and Single-Family Permitting Diverges

Newsfeed: Starts Fall by 10% While Multifamily and Single-Family Permitting Diverges

High inflation, weakening builder sentiment and increasing mortgage rates added to the industry’s previous list of headwinds, exacerbating a pullback in the single-family market as multifamily development continues to grow.