Apartment Construction Took Longer in 2018

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The average length of time to complete construction of a multifamily building, after obtaining authorization, is 16.2 months, according to the 2018 Survey of Construction (SOC) from the Census Bureau. The authorization-to-completion time has been on an upward trend since 2013.   The average time to build multifamily homes varies with the number of units in the building. In 2018,… Read More ›

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