Sentences with phrase «support household formation»
And with that, the economy will produce more and better - paying jobs, providing the financial wherewithal to support household formations and housing activity.»
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Similar data from the U.S. Census Bureau shows a rise in the average age for marriage and household formation, supporting the idea of a Great Delay4.
The expansion is supported by ongoing job growth and improving owner - occupied household formations, as well as tight existing home inventory.
This expansion is supported by ongoing job growth and improving household formations, as well as tight existing home inventory.
These economic conditions are conducive to supporting office employment, consumer spending and household formation, which should strengthen demand for both the apartment and the non-residential sectors.
A stronger economy supports a rise in household formation and home buying.
This, in turn, continues to support the demand for homes, along with rising household formation,» says Michael Gregory, head of U.S. Economics, BMO Capital Markets.