LH gets 288,317 applications, but fewer than 5% reach construction

Verifying
  • LH received 288,317 new-build purchase lease applications last year.
  • 14,195 units reached construction, representing 4.9% of last year’s applications.
  • LH agreements covering 87,302 units from 2024 to 2025 included 11,755 terminations by July.
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