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Household Formation Drives Housing Demand
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Household Formation Drives Housing Demand

Some preliminary data and analysis

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Sep 16, 2021
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Household Formation Drives Housing Demand
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Recently we’ve seen strong demand for both owner occupied and rental units. We can see this demand in rapidly rising home prices and in rents. This suggests a significant increase in household formation in 2021 (demand is increasing faster than supply).

Just today, Zillow reported on house prices and rents: Housing Market Easing From White Hot to Merel…

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