Kathleen Lynn , Staff Writer, @KathleenLynn3Published 3:52 p.m. ET Feb. 2, 2017 | Updated 13 hours ago
Builders got permits for 26,751 units, down from 30,560 the previous year
Multifamily projects make up more than 60% of homebuilding activity
Jersey City leads the state in building permits
After a four-year surge in home construction, New Jersey builders took a step back in 2016, reducing their activity by 12.5 percent.
According to the U.S. Census, builders got permission to start 26,751 housing units in the state last year, down from 30,560 the previous year.
https://www.northjersey.com/story/money/2017/02/02/nj-homebuilders-take-step-back/97347050/