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Tag: demographics

Are Housing Demand and Supply Set on Diverging Courses?

October 21, 2021 by Dennis McGill

One of the critical conclusions expressed in our recent thematic demographic report, Cradle to Grave, was that “the seeds of oversupply are being planted.” In an environment where the widely-accepted belief is that there is a housing shortage, the statement has naturally drawn skepticism.
New Data from Census Confirms Weakest Household Growth in Nation’s History Last Decade

August 12, 2021 by Dennis McGill

Earlier today, the Census Bureau released additional information collected during the 2020 Census, following the initial release of national and state population totals in April that we discussed in a previous blog. According to the results, there were 126.8 million households as of April 1st, 2020, representing an 8.7% increase from 2010, or an additional 10.1 million households. This marked the slowest decade of household formation in the country’s history...
High-Level Decennial Census Results Revealed – What Did We Learn?

April 26, 2021 by Dennis McGill

Today, the Census Bureau released national and state population totals as tabulated by the Decennial Census. The government arm estimates the country’s population via numerous surveys and programs throughout the decade, but the Decennial Census is by far the most rigorous and relied upon. So what did we learn?
Search for Fresh Air Key in 2020, but Not New

January 05, 2021 by Dennis McGill

Although 2020 will likely go down as one of the strongest years on record for home sales and home price appreciation, it paralleled one of the weakest population backdrops in our country's history...
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demographics

Immigration Policy Likely to be a Net Positive for Housing Under Biden

December 07, 2020 by Ivy Zelman, Dennis McGill & Alan Ratner

With President-elect Joe Biden set to occupy the White House on January 20th, there has been a lot of discussion about the potential impact of tax reform, student debt forgiveness and a proposed homebuyer tax credit on the housing market. Ultimately, a lot will depend upon the outcome of...
Unemployment Not a Problem in For-Sale Market - Too Good To Be True?

June 19, 2020 by Zelman & Associates

As we recently explored in our Unemployment and Housing report, contrary to perception, spiking unemployment of late has cast a wide net, reaching across ages and income cohorts. While the traditional overhang...
Will Declining Marriage Rates Pressure Single-Family Housing Demand?

May 18, 2020 by Zelman & Associates

Earlier this month, the latest data for marriage rates were released, and the lowest national propensity in over 150 years drew some startling headlines across the media. Inability to afford marriage and young ...
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demographics

Media Analyses of State Population Trends Biased to Fit Convenient Narrative?

January 24, 2020 by Zelman & Associates

Many factors influence where people live, including where they were raised, employment opportunities, housing affordability, quality of life, weather and more. Lately, most media headlines seem to be isolating tax reform ...
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demographics

California a Notable Drag on Birth Data Last Year

December 13, 2019 by Zelman & Associates

Earlier this year, preliminary 2018 birth data was released by the Center for Disease Control (CDC), which revealed that total births declined 1.7% year over year, slightly better than a 2.3% decline in 2017, but ...
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demographics

Young Adults Living at Home Still Stuck Near Record Highs

October 04, 2019 by Zelman & Associates

A central theme of the current housing recovery has been an elevated share of young adults living at home with their parents or grandparents, which has hindered household formation and downstream housing demand. According to the latest Annual ...