Howard expected to lead region in households growthHoward...

REAL ESTATE WATCH

November 26, 1995

Howard expected to lead region in households growth

Howard County will see the largest increase in households in the Baltimore region between now and the turn of the century, according to a regional planning organization.

The forecasts by the Baltimore Metropolitan Council predict that, between 1995 and 2000, the number of households in Howard County will jump by 17.1 percent, nearly three times as fast as the entire region.

The council looks at building permits and other indicators to make its forecasts.

With the addition of 13,700 households, Howard will lead not only in percentage growth but in absolute increases. Baltimore County will grow by 12,300 households, but it already has 281,100 in comparison with 80,300 households in Howard.

Anne Arundel will add 12,000 households to its 160,400; Harford will grow by 8,100 households to its 73,600; and Carroll will add 5,300 households to its 47,500. Baltimore City, with 278,600 households, is expected to add 1,900 by the year 2000, less than 1 percent.

The fastest-growing communities in the region, according to the forecasts, will be Ellicott City, Elkridge, West Friendship and Laurel in Howard County; the Edgewood-Joppa section of Harford County; Eldersburg in Carroll County; and Crofton, Odenton and Maryland City in Anne Arundel.

Housing index drops 7 points in November

The National Association of Home Builders' Housing Market Index fell 7 points in November, to 50.

The Housing Market Index is based on a monthly survey of homebuilders. Each month, the builders are asked to rate current sales of single-family, detached homes.

The index had crept above 50 during the summer, after being lower than that for the eight months preceding July. The scale runs from zero to 100. The seven-point drop is the biggest decline since 1985, when the index was first computed in its present form.

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.