Student Housing Construction Investment Declines in the Second Quarter of 2024

By July 29, 2024Housing
Private fixed investment in student dormitories declined 5% to a seasonally adjusted annual rate (SAAR) of $3.7 billion in the second quarter of 2024, after a 2.8% decrease in the prior quarter. Private fixed investment in dorms was 0.4% lower than a year ago, as the elevated interest rates place a damper on student housing…