PUYALLUP, Wash. – May 18, 2023 – San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the...Read
U.S. Single-Family Construction Nearing Five-Year Highs
In March, new single-family home construction across the U.S. reached the highest level in almost five years, with starts climbing 7% to a 1.04 million annual rate. This increase is a reflection of increased multifamily building, near record-low mortgage rates, and pent-up demand for rental units.
A lack of inflation also means the Federal Reserve can keep putting money into financial markets to boost the market.
Read the full article at Bloomberg