Housing demand in the U.S. is expected to grow considerably over the next decade, as the large Baby Boomer cohort grows into age groups formerly held by the Silent Generation, and Millennials mature into age ranges formerly populated by the smaller Generation X. In each of the past two years, these trends have helped add a net 1.6 million households.
Tag: MBA Chart of the Week
MBA Chart of the Week: MBA Builder Applications Survey vs. Census New Home Sales
According to data from the MBA Builder Applications Survey, new home purchase activity fell in September but remained higher than a year ago, continuing a trend where purchase demand for new homes for sale this year have consistently outpaced year ago levels.