BAML Expects Traditional Housing Market To Return Nontraditionally
Housing growth in the U.S. has been generally sluggish, due in part to demographic shifts and changing cultural norms, a research piece from Bank of America Merrill Lynch noted. But a rebound in certain regions is likely to occur, with housing formation set to grow along with the economy and millennials changing their housing patterns.
Housing supply must adapt to demographic demand trends
Cyclical factors have slowed growth in household . . .
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