According to the latest market research study published by P&S Intelligence, the U.S. apartment and condominium construction market, valued at USD 91.1 billion in 2024, is on track to grow to USD 124.2 billion by 2032, achieving a CAGR of 4.1% during 2025–2032. This upward trajectory is underpinned by stabilizing inflation and falling interest rates, which have increased affordability and attracted substantial investment into suburban and urban housing developments—especially in high-demand metr
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