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Updated about 9 years ago on . Most recent reply

User Stats

800
Posts
228
Votes
Steve S.
  • Lender
  • Los Angeles, CA
228
Votes |
800
Posts

2016 Housing Projections - Everyone should read this

Steve S.
  • Lender
  • Los Angeles, CA
Posted

I thought I would share this article with all of you ... it is very very interesting in my opinion. Enjoy...

After a long, hard slog, housing starts (both single- and multifamily) are poised to approach the long-term average (1959–2014) of just under 1.5 million units in 2016. We forecast housing starts of 1.14 million units for 2015 and 1.42 million units and 1.44 million units in 2016 and 2017, respectively. This level of activity is well above 1 million units recorded in 2014 and the 2009 low of 550,000 units...

continued on below link...

http://urbanland.uli.org/economy-markets-trends/fi...

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