In the media

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Our research is regularly cited in national and local news outlets; below is some of our recent press coverage.

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The Washington Post

Getting your dream outdoor space is now easier — and cheaper

Harvard University’s Joint Center for Housing Studies — which forecasts spending on home remodeling and repairs, including in outdoor spaces — anticipates this downward trend will endure for the rest of 2024. Still, says Abbe Will, associate director of the center’s Remodeling Futures Program, it’s important to keep in mind that everything is relative.

Marketplace

Home Depot bets on big construction projects with new acquisition

The early years of the pandemic were a bonanza for home renovations, said Carlos Martín at Harvard University’s Joint Center for Housing Studies. Since then? “Well, it’s been a wild ride,” he said. Mortgage rates were at record lows, and people were stuck at home with a lot of extra time and extra money to tinker around the house. He said spending on home renovations spiked in 2021 and 2022. “Now what we’re going through is a correction and a stabilizing,” Martín said.

Boston.com

Are millennials moving to the suburbs? A new study says: Yes.

Researchers at the Harvard Joint Center for Housing Studies reported millennials are leaving urban areas at a rate similar to previous generations, even though they’re living in the city at a greater rate than Baby Boomers and Gen Xers did at their age.

TIME

Stop Looking for Your Forever Home

In 2022, the median sale price for a single-family home was 5.6 times higher than the median household income, higher than any point on record dating back to the 1970s, according to a 2024 report from the Harvard Joint Center for Housing Studies.

ABC News

'I eat or I pay my bills': Americans describe rent burden fears, concerns

Rent reached historic highs in 2021 and 2022, the Joint Center for Housing Studies of Harvard University report found. And currently, more Americans are burdened by rent than ever before. Harvard defines "cost-burdened households" as those that spend more than 30% of income on rent and utilities.

American Planning Association

Finding Solutions for Older Adults to Age in Grace

The nation's overall housing supply already faces a severe shortage and challenges, according to the report America's Rental Housing 2024 by Harvard University's Joint Center for Housing Studies (JCHS), as the number of renter households spending more than 30 percent of their income on rent and utilities has reached a new high of 22.4 million, while the median age of renters is now 44.