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New Apartment Construction Surge

Sector: Residential • Location: United States

Source: Stateline

Project
Completed

In 2024, the U.S. saw the highest number of new apartments built since 1974, with nearly 592,000 units completed. However, factors such as tariffs, labor shortages, and high interest rates are expected to slow down future construction.

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Project Information

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The project “New Apartment Construction Surge” is an infrastructure initiative in the Residential sector, located in United States. Taiyo aggregates data on it from Stateline.

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Participants

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Status

Original status

Completed

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Email

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Address

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Description

Description

In 2024, the U.S. saw the highest number of new apartments built since 1974, with nearly 592,000 units completed. However, factors such as tariffs, labor shortages, and high interest rates are expected to slow down future construction.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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