West Coast Cities Slam Brakes on Housing Production Amid Worsening Crisis

CoStar   |   Jack Witthaus, Katie Burke, Randyl Drummer, and Lou Hirsh

Posted In — News & Press | In the News

Fewer multifamily projects have broken ground this year from Seattle to San Diego in one of the slowest starts to apartment construction in a decade. In San Jose, no apartments have broken ground after more than 7,000 started construction last year. In Seattle, 3,433 apartments started building in the first six months, a drop of nearly 60% from the same time last year.

Up and down the West Coast apartment construction sites are falling quiet despite high demand in a worsening housing shortage.

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