U.S. Condo, Apartment Sector Confidence Weakens in Q1

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24 markets in Europe; 50 markets in the U.S; 22 markets in Asia Pacific Source: JLL, January 2017 Office rental momentum weakens At year-end the global office vacancy rate fell below 12% (to 11.9%) for the first time in this cycle, reaching its lowest level since Q3 2008.

Condo apartment construction reached a record 61,337 units as of the end of Q1-2018; An additional 37,389 new condo apartments were in the pre-construction marketing phase, of which a record 86% were pre-sold; New condo apartment sales totaled 4,219 units in Q1-2018, returning to more typical first quarter volume following a record 9,744 sales.

Year to date, 1,233 homes and condos have. down versus Q1 levels due to the ongoing challenges in the subprime sector. Our global origination volumes for the period were up a bit from Q1, primarily.

This statistic represents the number of establishments in the U.S. apartment and condominium construction industry between 2005 and 2017. Here, there were approximately 3,600 such establishments.

Apartment and condo construction sees largest rise Since Q4 of 2005.. "The apartment and condo sector continues to be a bright spot in the housing market, with the overall index at its highest level in six years," said NAHB Chief Economist David Crowe.. the MPI and MVI have performed well.

BUREAU OF THE CENSUS U,S. Department of Housing and Urban Development HI30-93Q2. completions of these units in the first quarter were condo minium apartments). They accounted for about 26 percent. 90-percent confidence intervals for statistical comparisons

The multifamily sector, which includes apartment buildings and condos, remained flat at 354,000. "Despite signs of stabilization of confidence in the marketplace, housing affordability continues to be a concern as housing construction weakens into March," said Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a.

Here’s our summary of articles and data points on the housing market. It’s part of Seeking Alpha’s coverage of the real estate market and homebuilder stocks. Like all other topics and stock.