Wednesday, December 20, 2017

How interest rates and the demographic tailwind ended the housing slowdown of 2017


 - by New Deal democrat

Yesterday's report on housing permits and starts confirms that the housing slowdown of 2017 is over.

Based on the last five years, I can make a pretty decent estimate of the effects of the demographic tailwind of Millennials reaching house-buying age.

It's bigger than I thought! This post is up at XE.com.