Single Family Built-for-Rent Up 20% Year-over-year in Q1

Quarterly Housing Starts and Completions by Purpose and Design

Along with the monthly housing starts report for April released last week, the Census Bureau also released Housing Units Started by Purpose and Design through Q1 2024.

The first graph shows the number of single family and multi-family units started with the intent to rent. This data is quarterly and Not Seasonally Adjusted (NSA). Although the majority of…