I have read elsewhere that the residential real estate sector, composed of residential construction companies and real estate services firms, is the most susceptible to economic slumps?
Employment and interest rates directly affect home buying trends. In 2000, shortly after the peak of the economic boom and during a period of low unemployment, United States home ownership rates reached 67.7%, the highest point ever. As consumer confidence wanes and the unemployment rate waxes, the demand for new homes and resales may drop.
Related Questions
- I have read elsewhere that the residential real estate sector, composed of residential construction companies and real estate services firms, is the most susceptible to economic slumps?
- Which worldwide advertising/communication agencies/companies have usually clients in the real estate/construction sector?
- Why choose and independent construction manager like Residential Services?
