Housing starts are back on the rise, but the most recent surge is due to a growth in the multifamily market, according to 
the latest data from the U.S. Department of Housing and Urban Development and Census Bureau. Housing starts rose 13.2 percent in April over the previous month to a 1.07 million unit pace. Single-family housing starts held mostly flat during the month, rising a modest 0.8 percent. Rentals Drive Housing Starts to 1 Million Mark: First-time home buyers are facing tougher mortgage underwriting standards and tight inventories in the lower-priced home market. In some markets, renters are facing even more hurdles to reaching home ownership, read more.
the latest data from the U.S. Department of Housing and Urban Development and Census Bureau. Housing starts rose 13.2 percent in April over the previous month to a 1.07 million unit pace. Single-family housing starts held mostly flat during the month, rising a modest 0.8 percent. Rentals Drive Housing Starts to 1 Million Mark: First-time home buyers are facing tougher mortgage underwriting standards and tight inventories in the lower-priced home market. In some markets, renters are facing even more hurdles to reaching home ownership, read more.
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