Construction of townhomes increased last year, and is expected to continue increasing, according to this NAHB Eye On Housing article from Robert Dietz.
According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction starts totaled 86,000 units in 2015, an almost 18% increase over the total for 2014. Single-family attached starts totaled 21,000 for the fourth quarter of 2015, up 5% from the final quarter of 2014.
The long-run prospects for townhouse construction are positive given large numbers of homebuyers looking for medium density residential neighborhoods, such as urban villages that offer walkable environments and other amenities.
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