Markets & Economy

‘Missing households’ represent big source of pent-up demand

Trulia estimates backlog in household formation at 2.4 million
Published on Jul 24, 2013

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by CareyBot

Household formation, especially among young adults between 18 and 34 years old, lags far behind historical norms but will bounce back slowly in the years ahead, according to a recent analysis by Trulia Chief Economist Jed Kolko. Before the housing bust, ...