New Apartment Construction Surge
Sector: Residential • Location: United States
Source: Stateline
In 2024, the U.S. saw the highest number of new apartments built since 1974, with nearly 592,000 completions. However, a slowdown in construction starts is anticipated due to tariffs, labor shortages, and rising interest rates, which may dampen the ongoing boom in apartment development.
- Status
- Closed
- Sector
- Residential
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- Stateline
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Project Information
Participants
| Not available for this record. |
Status
Original status | Completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In 2024, the U.S. saw the highest number of new apartments built since 1974, with nearly 592,000 completions. However, a slowdown in construction starts is anticipated due to tariffs, labor shortages, and rising interest rates, which may dampen the ongoing boom in apartment development. |
Original sector | Housing |
Location
Country | United States of America (USA) |
Source
Source | Stateline |
URL |
More Details
Record type | Project |
Sector | Residential |
Article published date | 2025-05-07 |
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