Gopal Ahluwalia served as Vice President-Research of NAHB for 32 years, overseeing the research, analytical, and data needs of the association. He was responsible for the planning, development, and analysis of the large volume of data that the organization collected from both primary and secondary sources. He also tracked trends in design, features, products, and layout of new homes, as well as smart growth, environmental issues, green building, construction cost, cost of regulations, and impact fees. He has continued in the field of home building research since leaving the NAHB, lending his expertise to many publications and private companies.
During the last 50 years, the rate of growth of households has outpaced that of population growth in the U.S.
While analysts continue to argue about whether or not the dip in housing sales in the first two months of 2014 is weather-related or not, it might be helpful to step back and take a look at the last few years to gain some perspective about where the market may be heading.
The boom and bust cycle of the first decade of the 21st century had an enormous effect on U.S. homeownership rates.