Housing Cycle: New Owner Demand vs. Renter Demand
Homeownership Rates for the US and West Region, 1964 to 2016
King and Snohomish Counties Housing
Pierce County Housing Permits
Units Authorized by the Western Census Region
Housing Permits Issued in the US
Why so few single family homes? The end of sub-urbanization and the popularity of urban living. Demographic shifts. Type of in-migration. Aging population of homeowners = stability. Declining volume of single-family turnover. Housing crash Tighter credit. Gun shy buyers. No appreciation, so why buy? New employment concentrated in city core. Affordability issues.
If we are not building new single family homes or condos– Where are new households going to live?
Projected Population Distribution by Age, 2010-2030
US Birth Rates, 1909-2009
Employment by Annual Percentage Change
Population Growth
Seattle Metropolitan Historical and Forecast Households
Seattle MD Apartment Forecast Summary
Components of Shelter
Two-Year Supply Survey
Two-Year Apartment Market Summary
Two Year Market Breakdown
Vacancy History Chart June 2006-June 2017
Seattle MD Balance Chart
Seattle Balance Chart
Eastside Balance Chart
Southend Balance Chart
Snohomish Balance Chart
Downtown Seattle Core Apartment Supply 2010-2020