RECESSION
2008 Statistics
Communities: 300,800
Units: 24.1 million
Residents: 59.5 million
the economy took a
The recession resulted
foreclosures and created
economic conditions for
This impacted growth
additional revenue streams
drastically. Community
managers and other
professionals were
understand debt
and how to manage
properties.
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RECOVERY
2012 Statistics
Communities: 323,600
Housing Units: 25.9 million
Residents: 63.4 million
The community association industry
took this time to recover from the
recession. Growth was slow—but
steady—as the economy stabilized.
GROWTH
2018 Statistics
Communities: 347,000
Housing Units: 26.9 million
Residents: 73.5 million
In recent years, there has been
a substantial increase in the
number of people working in the
industry, as well as the number of
community associations. Today,
25-27% of Americans live in a
managed community—and that's
noteworthy. People are much more
aware of what they want in a home
and community, and they're able to
make more confident home-buying
decisions than in previous years.
All statistics were reprinted with permission of Community Associations Institute. Learn more by visiting www.caionline.org, writing
cai-info@caionline.org, or calling (888) 224-4321.
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