Solid Growth for Townhouse Construction in 2015

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction starts totaled 86,000 units in 2015, an almost 18% increase over the total for 2014. Single-family attached starts totaled 21,000 for the fourth quarter of 2015, up 5% from the final quarter of 2014.

Using a one-year moving average, the market share of new townhouses stands at 11.9% of all single-family starts as of the final quarter of 2015…read more