Economy Watch Weekly: Slowdown in New Rental Housing Growth Likely
- Dec 20, 2017
Although the U.S. economy remains strong, as seen by the Federal Reserve’s recent decision to raise interest rates again this month, signs of slowing in some sectors are beginning to appear. The Harvard Joint Center for Housing Studies recently released a report indicating that the run-up in rental housing market demand over the last decade appears to be ending, with the three major government surveys reporting a sharp slowdown in renter household growth in 2016. Economy Editor Dees Stribling discusses the full report, for the week ending Dec. 15, 2017.