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Updated over 1 year ago,
Columbus OH Building More Condos and Multifamily than Single Family
I think this is an interesting trend:
Columbus built approx 12000 dwelling units last year which is short of what is needed for it's rapid growth ( a good sign for property owners that supply is not keeping up with demand and values should continue to increase long term).
Article here:
https://www.dispatch.com/story/business/real-estate/2023/03/... /
What I think is amazing is the diverse groups in Columbus. Columbus has a large affordable housing need, senior housing need, multifamily and apartments need, and single family home needs. There are lots of groups that have housing needs and many different niches within the community. Does anyone think we should be building more single family? This doesn't even touch on the commercial markets like industrial that are going crazy too.
- Robert Ellis