Missing middle multifamily starts backslide amid zoning headwinds
NAHB: 2- to 4-unit starts drop 24% year over year as zoning curbs ‘light-touch’ density
NAHB: 2- to 4-unit starts drop 24% year over year as zoning curbs ‘light-touch’ density
BELLINGS Intelligence Score: 22
Why it matters
The decline in missing middle multifamily starts due to zoning restrictions is a notable development affecting a specific segment of real estate finance and construction lending, with potential implications for credit availability in that niche, but it is largely a sector-specific, routine market activity without broad systemic impact.
Sources
HousingWire
Missing middle multifamily starts backslide amid zoning headwinds
NAHB: 2- to 4-unit starts drop 24% year over year as zoning curbs ‘light-touch’ density