Multifamily permits issued in January rose year-over-year in the Northeast and Midwest and fell in the South and West, according to a report from the National Association of Homebuilders

The Northeast was up by 64.5% and the Midwest increased by 13.6%. The South posted a decline of 32.5% and the West declined by 27.9%.

The 10 largest multifamily markets were New York, Dallas-Fort Worth, Phoenix, Austin, Miami, Orlando, Houston, Los Angeles, Cape Coral, and Boston, respectively.

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