The Residential Economic Report – National Edition 1Q18
Join Mark Boud, Senior Vice President & Chief Economist of Metrostudy, as he presents the 1st Quarter 2018 National Residential Economic Report.
First quarter report highlights —
- The national housing market will continue to be significantly under supplied.
- The national housing market is heading towards over valuation, but housing values are still nowhere near the levels of over valuation that prevailed in years 2005/06.
- The surge in the remodeling/renovation market will continue in the near-term.
- Overall, we’re in the top of the 7th inning of a challenging and rewarding housing market in an environment of under supply and increasing costs.
The National Residential Economic Report is a modeled forecast released quarterly of over- and under supply of housing in the nation, as well as over- and under valuation, which impacts the future of housing most significantly. The five-year forecast is further informed by recurring national indices that track construction starts, employment, and other key indicators, and provides us a framework to forecast the future state of housing across the nation, and in major markets.
These reports are available for every major US Metropolitan market. For more information on The Residential Economic Report, visit: www.metrostudy.com/products-services/residential-economic-report/