Tag Archive for ‘home ownership’

Young Adult Households That Did Not Form

New NAHB Economics research shows that two million households headed by 25 – 34 year olds are missing from the current housing market but could have been active players if the headship rates remained at the 2000 levels. Instead, a rising number of young adults choose to stay with their parents or parents-in-law. As of 2014, more than 20 percent… Read More ›

Pending Home Sales Up Sharply

The Pending Home Sales Index, a forward-looking indicator based on signed contracts, increased 4.5% in January 2013 to 105.9, up sharply from the downwardly revised 101.3 in December. The National Association of Realtors reported that the January 2013 PHSI was 9.5% higher than the same period a year ago. The January PHSI is the highest since April 2010 when the… Read More ›