Chris Porter and Eric Finnigan from John Burns Research discuss how demographics shape the housing market. They cover trends like immigration impacts, changes in housing preferences due to delayed life milestones and COVID-19, and the wealth transfer effect on the housing market.

In this enlightening discussion, John Burns, head of John Burns Research and Consulting, and Eric Finnigan, VP of Demographics, delve into the powerful influence of immigration on the U.S. housing market. They reveal how both documented and undocumented immigrants have been crucial in boosting rental demand, even aiding landlords during tough times. The duo also examines shifting household formations, builder confidence, and the potential impact of mortgage rate cuts, painting a hopeful picture for future market dynamics.