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Construction survey indicates persisting construction delays
Research - NOVEMBER 6, 2020

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Construction survey indicates persisting construction delays

by Released

More than half (57 percent) of multifamily developer respondents reported construction delays in the jurisdictions where they operate, according to the fifth edition of the National Multifamily Housing Council (NMHC) Construction Survey.

Of this group, 90 percent reported delays in permitting due to COVID-19, the greatest share to indicate delays since the inception of the survey in late March. In comparison, 83 percent of respondents reported permitting delays in round four (conducted July 6–15), 85 percent in round three (conducted May 11–20), 77 percent in round two (conducted April 9–14) and 76 percent in the initial survey (conducted March 27–April 1).

Survey respondents reporting construction delays also indicated a significant pause in starts, with 77 percent reporting delays. The primary reasons cited for delays in starts were permitting, entitlement and professional services (67 percent); economic uncertainty (58 percent); and availa

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