ASF 2013: Zelman predicts housing rally with room to run
OtherChief executive officer Ivy Zelman at Zelman and Associaties expects housing starts to grow by 28% in 2013, she stated at the American Securitization Forum conference during a discussion on the U.S. housing market and the consumer economy. The housing market is in the midst of recovery and the main driver that will fuel the continued improvement is demographics, Zelman noted. The population is expected to increase 8% for the year and 11% for the decade in household growth. The industry is coming up from a “horrific bottom, but still […]