The NAHB was out with their weekly Eye on Housing report and this week’s edition took a look at the Q3 SOMA data from the Census Bureau. SOMA stands for Survey of Market Absorption of Apartments and overall things are looking pretty positive for developers. One interesting chart they had showed the types of properties that were being built since 2005:
Condos and co-op deliveries are Continue reading SOMA (Survey of Market Absorption of Apartments) charted by apartment type from the Census Bureau
