The Real Signal #47 - US Household Formations Still Running Hot
US Household Formations Still Running Hot
“Census today says +2.1 million new households formed over the last year.
Ignoring 2020-2021, this is the highest rate of household formations since early 2019.
All signs point to strong demand for homes this year. Remarkable given the direction of rents & mortgage payments.“
Scott Choppin Note: It is our expectatio…
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