Tuesday, January 2, 2018

Housing Market Trends: 2017 Year in Review, 2018 Outlook via Multifamily Executive Magazine

Based on housing market research published throughout the year, the Apartment List Rentonomics team has analyzed the most important trends of 2017 and determined their potential impact on housing in 2018.

Following 12 years of negative growth, from 69.2% in 2004 to 62.9% in 2016, the U.S. homeownership rate appears to have hit its bottom and even increased slightly in 2017, up to 63.9% as of the third quarter. 2016’s homeownership rate was the lowest since 1965, while 2017’s homeownership rate was the highest since 2014.

Read more...Housing Market Trends: 2017 Year in Review, 2018 Outlook | Multifamily Executive Magazine | Market-Rate Housing, Rents, Rent Trends, Supply and Demand, Affordable Housing, Preservation of Affordability, Rent Growth, Renters, Rent vs. Own, Apartment List, Harvard Joint Center for Housing Studies

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