Report
Slower Household Formation Driven by Demographics
posted by Michael Lewis on January 21, 2015

Report Cover
Headline
Housing activity continues to recover at only a gradual pace, e.g., there were just 1 mm housing starts in 2014, a far cry from the prevailing 1.5 mm trend of the past decade (let alone the +2 mm reached at the height of the housing bubble).
Abstract
FMI’s commentary on the moderation in the rate of household formation.