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Blog, Data, Interactives

Home Price-to-Income Ratio Reaches Record High

Alexander Hermann, Peyton Whitney • January 22, 2024

In 2022, the median sale price for a single-family home in the US was 5.6 times higher than the median household income, higher than at any point on record dating back to the…
Blog, Interactives

After Falling Last Year, Home Prices Are Rising Again

Peyton Whitney • November 29, 2023

After home prices fell during the latter half of 2022 and markets across the country cooled, prices have been increasing nationally in 2023. Indeed, according to our analysis…
Working Papers

Option Value and Storefront Vacancy in New York City

Erica Moszkowski, Daniel Stackman • April 12, 2023

Why do storefronts remain empty for more than a year in some of the world’s highest-rent retail districts? Landlords with vacancies derive option value from two sources of…