Each year the Joint Center for Housing Studies releases a report that covers many aspects of housing in America. This year's report includes numerous interesting and important items. The executive summary opens;
A decade after the onset of the Great Recession, the national housing market is finally returning to normal. With incomes rising and household growth strengthening, the housing sector is poised to become an important engine of economic growth. But not all households and not all markets are thriving, and affordability pressures remain near record levels. Addressing the scale and complexity of need requires a renewed national commitment to expand the range of housing options available for an increasingly diverse society.
Written and Published by: VanEd