American builders began building more houses in March than planned. The construction of apartment buildings in seven years was the fastest.
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In March of this year, the laying of new homes in the United States increased by 7 percent, while reaching an annualized rate of 1.04 million. buildings. Since June 2008, this is the best result in the construction industry. Similar data was released by the United States Department of Commerce on April 16. The number of permits issued for the construction of new homes has fallen sharply, which indicates some decline in the industry in the near future.
United States builders seek to meet rising demand for rental property. This caused a sharp increase in activity in the construction industry. Developers have increased the number of bookmarks of multi-apartment buildings, but reduced the number of bookmarks of mansions. This indicates some decline in activity in this market segment.
Annette Markovskaya commented on the situation on the US real estate market in an interview: “It doesn’t matter who determines the demand for houses – rentiers or ultimate owners. The important thing is that builders build houses, provide a roof over people’s heads, and stimulate economic growth.”.