High Rises for the Apartment and Condominium Construction Industry
The high number of home foreclosures over the past five years has increased competition for rental housing.By IBISWorld Analyst Deonta Smith
As Seen In The ABA Journal
The Apartment and Condominium Construction industry is rapidly gaining steam, which can be attributed to Americans increasingly moving to metropolitan areas. Young adults typically want to live closer to the center of metropolitan areas, and senior citizens are relocating to areas with more amenities. These factors are the main determinants for industry growth.
