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Student Housing Construction Investment Up in Q3 2024

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NAHB eye on housing logoA recent report from the NAHB’s Eye on Housing says private fixed investment in student dormitories increased by 2.2% to a seasonally adjusted annual rate (SAAR) of $3.9 billion in Q3 of 2024.  They point out that since the pandemic, private fixed investment has rebounded, as college enrollments show a slow but stabilizing recovery from pandemic driven declines.  In essence, they say effective in-person learning requires students to return to campuses, which boosts the student housing sector.  Indeed…

“…demand for student housing is growing robustly, because total enrollment in postsecondary institutions is projected to increase 8% from 2020 to 2030, according to the National Center for Education Statistics.”

Click here to read the full report at the NAHB’s Eye on Housing.

 

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