Report: Housing starts to total 1.6 million units in 2021

By |  August 21, 2018

U.S. housing starts will total 1.6 million units in 2021, according to a new report. Photo: iStock.com/levkr

U.S. housing starts will total 1.6 million units in 2021, according to a new report.

A report called “Housing: United States” from¬†Freedonia Focus Reports notes that single-unit conventional housing starts represent the fastest-growing and largest construction segment and will benefit from an improving economy and rising household creation.

According to the report, many consumers prefer detached homes and other single-unit types. However, demand for single-unit housing will be restrained by other housing options ranging from manufactured housing, a lower-cost substitute and availability of multiple-unit options such as condominiums.

Zach Mentz

About the Author:

Zach Mentz is the managing editor for both Pit & Quarry and Portable Plants magazines. Zach is a graduate of the Tim Russert Department of Communications at John Carroll University. His previous experience also includes time spent in the Cleveland Indians communications department.

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