New Homes in Houston TX by Long Lake

Single-Family Production Revs Up in 2015

A growing economy, rising household formations, low mortgage rates and pent-up demand will help single-family housing production to rev up in 2015 while a growth in renters will keep the multifamily market at cruising altitude or higher, according to economists who participated in a recent National Association of Home Builders (NAHB) 2014 Fall Construction Forecast Webinar.