- Housing starts increasing to about 1.7 to 1.8 million dwellings per year compared with 2.1 million in 2005.
- Home sales increasing to about 5 percent of the housing stock, or about 6.5 to 7.0 million homes per year, compared with sales of 7 percent of the stock in 2005.
- U.S. house price appreciation rising gradually to about 3 percent per year compared to 11 percent of 2005.
- Vacancy rates easing further to about 1.7 percent on for-sale homes and 8 percent for rental homes, down from peaks of about 3 percent in 2008 and 11 percent in 2009, respectively.
- Serious delinquency rates nearing 2 percent, down from a peak of 9.5 percent in early 2010.
November 2012 U.S. Economic And Housing Market Outlook
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