With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as challenges remain, according to economists participating in the National Association of Home Builders (NAHB) Fall 2013 Construction Forecast Webinar.

The AeroPak™ Series units are compact through-the-wall heating and cooling package units. They are designed for multifamily apartments, condos, and other high-occupancy buildings. 

Steven Winter Associates Inc. (SWA) announced that the Brooklyn Chamber of Commerce selected the firm’s multifamily project, The Hegeman Residence, to receive a Building Brooklyn Award. The project received the award in honor of its contributions to sustainable construction in the affordable housing sector. 

For utilities looking to meet energy efficiency goals, the multifamily housing sector represents a sizeable opportunity to achieve energy savings through targeted energy efficiency programs, according to the American Council for an Energy-Efficient Economy (ACEEE) and CNT Energy.

BuildCentral Inc. has announced the release of MultiFamilyData, a comprehensive database of apartment and condominium projects in the planning and construction stages. 

Housing starts and permitting of new homes rose sharply in September to their highest levels in more than four years, according to the latest figures from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.

HVAC contractors in the apartment and condominium business could become busier in the near future. The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), improved for the eighth consecutive quarter with an index level of 54.

Single-family homes dominate the residential building stock in the United States. However, according to a new report from Pike Research, a part of Navigant’s Energy Practice, the number of single-family homes is now decreasing. Multi-unit residential, on the other hand, is expected to expand.