Ep 163: NAHB Economic Update 2024
We’ve invited back a special guest to give our annual economic update on the housing industry. Danushka Nanayakkara, Assistant Vice President for Forecasting and Analysis at the NAHB, joins the podcast again to share the annual outlook....
We’ve invited back a special guest to give our annual economic update on the housing industry. Danushka Nanayakkara, Assistant Vice President for Forecasting and Analysis at the NAHB, joins the podcast again to share the annual outlook. Listen in to learn the trends for the next 18 months, where the industry is struggling most, and the direction the interest rates are headed next.
Show highlights include:
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02:45 Introduction and Background
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4:40 What was surprising economically this year?
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07:55 Interest Rates and Inflation Outlook
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14:35 Affordability Challenges and the Need for More Affordable Housing Units
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24:55 Creative housing solutions and zoning
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32:00 Economic trends for the next 18 months
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38:40 Getting young buyers into the market
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41:15 What does the industry look like 5 years down the road?
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44:00 What excites you about the next year
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45:35 How to connect
You can learn more about Danushka at https://eyeonhousing.org/.
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