David Crowe

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Multifamily Starts: Pogo-Sticking into Nothingness

The Washington, D.C.-based National Association of Home Builders (NAHB) reported data from its multifamily market indexes last week in conjunction with the monthly release on July U.S. housing starts and permitting data from the U.S. Commerce Department. For multifamily, the results were predictably dour, and the sector was largely blamed for dragging down otherwise positive macro data on housing. More

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