Search

Home prices rose at an unprecedented pace in the aftermath of the COVID-19 pandemic as interest rates fell to record lows, the large cohort of millennials aged increasingly…

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…

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…

W07-1: The rapid growth of household wealth in the United States has been accompanied by drastic growing inequality. This paper discusses both wealth and inequality…

W06-5: This paper examines the determinants of the ownership of multiple homes and the influence of multiple-homeownership on the income elasticity of housing demand. It…

W05-8: The rapid rise in home prices in countries around the world has focused new attention on the role that housing and housing wealth plays in enhancing the financial…

W05-6: Homeownership has received great support from policy makers because of its perceived significant financial and social benefits for both individuals and…

W05-5: Minority growth in population and households, both in absolute numbers and relative share, has been one of the nation’s most important demographic changes over…

W05-1: Several roles that housing plays in the household economics of homeowners have begun to fundamentally change during the past decade. Cohorts approaching…

W04-1: A decade ago, million-dollar houses were uncommon. This is no longer true. Houses worth one million dollars or more are a fast growing segment of housing markets…