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NAHB: Multifamily completions hit 38-year high

Leslie Shaver July 25, 2025 1 min read
Construction Dive
NAHB: Multifamily completions hit 38-year high
AI Article Summary

According to the National Association of Home Builders (NAHB), multifamily housing completions have reached their highest level in 38 years. In 2024, 48% of these completions took place in the South, with the West following at 27%. This surge in completions highlights a significant shift in the residential building sector. The increase indicates robust activity in the multifamily housing market, particularly in specific regions like the South and West.