Builders Identify Key Long-Term Forces Shaping Housing Demand and Industry Health

Home builders expect demographic, economic, and technological forces to shape the housing market over the next decade. Negative impacts include government debt (82%), declining fertility (78%), inflation (70%), declining marriage rates (67%), and energy costs (61%). Positive influences include aging housing stock (73%), work-from-home trends (65%), artificial intelligence (52%), modular construction (45%), and an aging population (39%).