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Friday, September 11, 2020
Apartment Construction Took Longer in 2019
The average length of time to complete construction of a multifamily building, after obtaining authorization, is 17.3 months, according to the 2019 Survey of Construction (SOC) from the Census Bureau. The authorization-to-completion time has been on an upward trend since 2013, as regulatory challenges expanded and the skilled labor shortage challenged the industry. The average time to build multifamily homes... Read More › The post Apartment Construction Took Longer in 2019 first appeared on Eye On Housing ....(read more)
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