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Multifamily and Townhome Housing Growing to Meet Houston Needs
Although single-family detached homes constitute 61 percent of Houston’s housing stock, the number of multifamily properties and townhomes is growing at a faster rate and is consistent with Houstonians’ living preferences, according to a new report from Rice University’s Kinder Institute for Urban Research. However, the report noted, the area’s growth has eclipsed housing production and resulted in a tighter market.
