Over the past thirty years, real home prices and rents in dense urban centers in the US grew more rapidly than housing costs in suburban metropolitan neighborhoods. At the…
This paper shows how different housing submarkets are linked by residential vacancy chains – the series of moves across housing units initiated by the construction of new…
With home prices and rents hovering near record highs, and for-sale inventories and vacancies stuck near record lows, there is a significant housing shortfall. Most experts…
Chris Herbert, Alexander Hermann, Daniel McCue, Chadwick Reed
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January 23, 2024
Manufactured housing holds promise as an affordable form of housing that could expand homeownership opportunities for low- and moderate-income households. This report reviews…
As slowing multifamily construction underscores a downturn in rental markets, optimists see rental demand holding strong over the long run, and point to favorable…
Piling on top of steep jumps over the past year, both mortgage interest rates and home prices rose again in mid-2023, further eroding affordability for homebuyers and leaving…
Our 2023 State of the Nation’s Housing report shows that while the growth in home prices and rents has slowed, housing costs are still high and record numbers of renters are…
The persistently wide homeownership rate gaps between Black, Hispanic, and white households mean that households of color are disproportionately excluded from the many…
Daniel McCue, Raheem Hanifa, Chris Herbert
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March 22, 2023
The persistently wide homeownership rate gaps between Black, Hispanic, and white households mean that households of color are disproportionately excluded from the many…
As rising interest rates cooled demand for housing in 2022, new data on household growth is helping provide a better picture of just how hot demand had been between 2019 and…