RE-Chenal039_HR.jpeg

LEARN MORE ABOUT

Housing Fundamentals

SCROLL TO TO LEARN MORE

There Has Been a Cumulative Underbuilding of U.S. Homes in the Last Decade

Cumulative Underbuilding of U.S. Homes in Last Decade

1

Cumulative.png
Cumulative.png
Cumulative.png
There Has Been a Cumulative.png

1 | Source: FEA.

Strong Millennial Demographic Tailwind

U.S. Population Distribution by Age 2008 vs 2023

1

Cumulative.png
Cumulative.png
Cumulative.png
Strong Millennial Demographic Tailwind.png

1 | Source: FEA Data Center.

U.S. Housing Stock Has Aged Considerably

Median Age of Owner-Occupied Housing

1

Stock.png
Stock.png
Stock 2.png

1 | Source: NAHB.

Growing Residential Improvement Spending Supports Lumber Demand

Residential Improvement Spend

1

Spend.png
Spend.png
Spend.png

1 | Source: FEA.

Historically Low Mortgage Rates Support Housing Affordability

Housing Affordability Index & 30-Year Fixed Rate Mortgage

1

Historically Low Mortgage Rates.png
Historically Low Mortgage Rates.png
Historically Low Mortgage Rates.png
Low Mortgage.png

1 | Source: Freddie Mac & National Association of Realtors.