Sentences with phrase «construction market household»

Not exact matches

I believe that Canada's high house prices in relation to incomes, combined with record household debt levels and overinvestment in residential construction, will cause a severe correction in the real estate market.

«The story in these markets is the apartment story writ large: the high levels of apartment construction are not enough to house the 1.2 million or so new households formed each year without increased single - family construction,» says John Affleck, research strategist with the CoStar Group.

Nominal house prices have regained previous peaks, construction volumes are nearing their long - term averages, and household growth is becoming more balanced between the owner and renter markets.

The particulars vary, but the main idea was to tie the construction of housing for working - class households to market - rate projects.

A growing economy, rising household formations, low mortgage rates and pent - up demand will help single - family housing production to rev up in 2015 while a growth in renters will keep the multifamily market at cruising altitude or higher, according to economists who participated in a recent National Association of Home Builders (NAHB) 2014 Fall Construction Forecast Webinar.