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Multifamily Housing Sector Weakens

Annual United States housing permits in 2016 experienced a slight -0.1% decline from 2015 to 2016.  This overall decline is a deceleration from the 14% CAGR between 2010 and 2015. The first decline in multifamily permits since 2009 was accompanied by a low growth in single family in comparison to recent years. Annual growth for … Continued