With a growing labor market and continued household balance sheet repair, household formations are up in 2012, increasing demand for both renter - and owner - occupied housing. (eyeonhousing.org)
Nonetheless, rising housing prices have helped household balance sheet repair, which on net stalled during the second quarter due to stock market declines. (eyeonhousing.org)
These effects have contributed to balance sheet repair among households, improved financial conditions among businesses, and hence a strengthening in the health of the financial sector. (kekselias.com)