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, 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…
In 2001, there were over 5.7 million foreign-born1 homeowners living in the United States, with $1.2 trillion in aggregate house value and $876 billion in home equity. More…
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…
Zhu Xiao Di, Nancy McArdle, George Masnick
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February 15, 2001
This paper addresses several basic questions regarding second homes: what is or should be counted as a second home; how many second homes exist in the United States; where…
This paper attempts to further clarify the findings of Joseph Gyourko and Peter Linneman in “The Changing Influences of Education, Income, Family Structure, and Race on…
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…
Harvard Joint Center for Housing Studies
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June 10, 1999
Housing had another record-setting year in 1998. Home sales reached new peaks, housing starts topped 1.6 million units, and the value of residential construction hit an…