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Multifamily Construction Grinds to Halt as Spring Market Slumps

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Manage episode 480232094 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

The U.S. housing market is flashing new signs of slowdown—multifamily construction is plummeting, and the spring homebuying season is off to one of its weakest starts in years. In today’s episode, we break down Redfin’s latest analysis showing a 27% drop in new multifamily permits compared to the pandemic boom, with many metros like Stockton, CA and Colorado Springs seeing construction nearly grind to a halt. At the same time, sky-high monthly payments and economic jitters are keeping buyers on the sidelines, even as inventory ticks up. We’ll explore which metros are still building, where demand is drying up, and what it all means for the future of housing supply and pricing power. Read the multifamily report here: https://www.redfin.com/news/multifamily-construction-permits-2025/

Read the spring market report here: https://www.redfin.com/news/housing-market-update-record-high-housing-costs-economic-uncertainty/ Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

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1667 episodes

Artwork
iconShare
 
Manage episode 480232094 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

The U.S. housing market is flashing new signs of slowdown—multifamily construction is plummeting, and the spring homebuying season is off to one of its weakest starts in years. In today’s episode, we break down Redfin’s latest analysis showing a 27% drop in new multifamily permits compared to the pandemic boom, with many metros like Stockton, CA and Colorado Springs seeing construction nearly grind to a halt. At the same time, sky-high monthly payments and economic jitters are keeping buyers on the sidelines, even as inventory ticks up. We’ll explore which metros are still building, where demand is drying up, and what it all means for the future of housing supply and pricing power. Read the multifamily report here: https://www.redfin.com/news/multifamily-construction-permits-2025/

Read the spring market report here: https://www.redfin.com/news/housing-market-update-record-high-housing-costs-economic-uncertainty/ Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1667 episodes

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