A report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau states that overall housing starts increased 1.6% in April to a seasonally adjusted annual rate of 1.36 million units.
Despite a volatile global economy, DELO posted a 7% increase in revenue in its fiscal year ending March 31, 2025, compared to the previous year, setting a new record in the company's history.
Confidence in the market for new multifamily housing declined year-over-year in the first quarter, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders.