Harvard Joint Center for Housing Studies
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June 23, 2008
Housing markets contracted for a second straight year in 2007. The national median single-family home price fell in nominal terms for the first time in 40 years of…
Harvard Joint Center for Housing Studies
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June 11, 2007
After setting records for home sales, single-family starts, and house price appreciation in 2005, housing markets abruptly reversed last year. In 2006, total home sales fell…
Harvard Joint Center for Housing Studies
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June 13, 2006
The housing boom came under increasing pressure in 2005. With interest rates rising, builders in many states responded to slower sales and larger inventories by scaling back…
Harvard Joint Center for Housing Studies
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June 13, 2005
House prices, residential investment, and home sales all set records again in 2004. But higher short-term interest rates and the strongest one-year price appreciation since…
Harvard Joint Center for Housing Studies
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September 6, 2004
Despite job losses in the rest of the economy, housing had another record-breaking year in 2003. Home sales, single-family housing starts, residential fixed investment,…
Harvard Joint Center for Housing Studies
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June 1, 2004
With investors focused primarily on the upper segment and policymakers on the lower, the middle of the rental housing market has gone largely unexamined. Nonetheless, the 14…
Harvard Joint Center for Housing Studies
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June 1, 2003
Despite the 2001 recession and weak ensuing recovery, by most measures 2002 was the strongest year for housing on record. Residential investment, home sales, homeownership…
Harvard Joint Center for Housing Studies
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June 4, 2002
With the economy emerging from its first recession in nearly a decade, the housing sector continues to display remarkable resilience. Even after the events of September 11th…
Harvard Joint Center for Housing Studies
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June 11, 2001
Housing markets stood up well in 2000 despite growing uncertainty about the direction of the economy. After years of rapidly rising rents and home prices, however, housing…
Harvard Joint Center for Housing Studies
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June 10, 2000
Housing markets began the twentyfirst century on a high note. Buoyed by the longest economic expansion in history, home sales, homeownership rates, and the value of…