U.S. Residential Construction Market, despite economic uncertainties is robust. The January 2023 statistics for new residential construction in the US indicate a mixed picture. While building permits for privately-owned housing units increased slightly from December 2022, they were still 27.3% lower than the rate for January 2022. Similarly, housing starts in January 2023 were down…
Housing Market Trends: Recent Changes and Future Forecasts
The US housing market has been a leading indicator of the economy for years. Recent data suggests a decline in demand, which may signal economic trouble ahead. Rising inequality and a lack of affordable housing are also pressing issues. While the single-family rental industry may have emerged from the 2008 financial crisis, lawmakers are now…
U.S. Housing Market: Past, Present and Future
As the title suggests this article the story of U.S. housing market’s Past, Present and Future. It is a story of growth and expansion, punctuated by periods of crisis and instability. The History of the U.S. Housing Market: The history of the U.S. housing market dates back to the early days of the country’s founding,…