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