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Townhouse construction in the US increased by 28% in 2021

Posted on February 28, 2022   |  

  • In the last four quarters, construction of townhouses starts totaled 146,000 units, which is 28% higher than the previous four quarter's total (114,000).
  • Using a one-year moving average, the market share of new townhouses increased to 13% of all single-family starts.
  • The Q4 2021 quarterly market share of 14.7% was the highest since the start of 2008 in which single-family attached starts totaled 39,000, which is 11.4% higher than Q4 of 2020.