1. The Housing Sector, Interest Rates and Unemployment Examined
... with residential construction slowing. Basic economic supposition signifies that supply and demand tend toward stability and balance and market data shows we may have reached that point or, at least, be nearing that point. The strength of the residential real estate market will depend on the interest rate environment, which remains favorable, and job retention and creation. During 2006, one of the largest population segments, roughly 76 ... million people, those born between 1946 and 1964, commonly known as "Baby Boomers," began to turn 60 years old. In fact, according to Summary ... ...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate