Erm and there is still a need to supply houses to meet the needs of household formation.

There is the tendency towards higher headship rates and more household formation.

Changing patterns of household formation are normally taken into account, as this factor can also affect results.

Demand for housing in general increased due to higher rates of household formation.

He also looks at such economic factors as gross national product, disposable income and new household formations.

The economic always gets a boost from 'new household formation'.

The reason is that new-home building tracks the growth rate in household formation, which has been declining.

The big question for housing producers is this: What will be the rate of household formation in the 90's?

After all, baby boomers, who are responsible for much of the growth, have probably peaked in household formation.

Barker was quoted as saying there were only a net 134,000 new houses for more than 179,000 household formations per year.