Sentences with phrase «slow household formation»

One reason for the subpar performance is continuing slow household formation, a key precursor to home sales.

While the U.S. market has «paused», we believe slower household formation, lack of mortgage availability, weakness in the overall quality of jobs being created and a degree of trepidation on the part of the first - time home buyer are all contributing to this.

Not exact matches

So new household formation slows, deterring a recovery of real estate markets as marriage and birth rates fall.

But household formation has generally been slow in the U.S. economy.

«Disappointing economic growth in recent months means a slower recovery for most of the commercial real estate sectors, although multifamily housing continues to benefit from pent - up demand resulting from an abnormal slowdown in household formation in recent years,» he said.

«The record number of people passing away has been one big reason that net household formation has been slow,» Burns writes.

The U.S. economy has also helped managers by consistently producing new jobs and leading to new household formation over the last few years of slow, relatively steady recovery.

«There is a pent - up demand for both rental and owner - occupied housing as household formation will inevitably burst out, but the bottleneck is in limited housing supply, due to the slow recovery in new home construction.

The economic recovery, even though it's at a slow pace, is leading to notably higher household formation, census figures show.

«There is a pent - up demand for both rental and owner - occupied housing as household formation will inevitably burst out, but the bottleneck is in limited housing supply, due to the slow recovery in new home construction,» Yun notes.

The firm says household formation has slowed to levels typical of a severe recession, not a gradually strengthening economic recovery.

But even as echo boomers — those born in 1986 and later — enter their peak household formation years, household growth has plummeted as young adults delay setting out on their own and immigration slows.

Although household formation has slowed as young adults postpone real estate decisions, and immigration slows, the report projects population growth alone will create demand for 1 million new homes a year during the coming decade.

Some of the weak housing demand is due to high student debt and slow rates of household formation, but tighter regulations on mortgage lending also have held it back.

«Immigration has been the dominant source of household formation since the early 1990s, a trend that will accelerate over the coming decade as the rate of natural population growth continues to slow.»

«The record number of people passing away has been one big reason that net household formation has been slow,» Burns said.