The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
Harvard Joint Center for Housing Studies
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November 19, 2020
This year, the COVID-19 pandemic, a powerful movement for racial justice, and the devastating impacts of climate change have combined to bring the nation’s longstanding…
Harvard Joint Center for Housing Studies
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January 31, 2020
Despite slowing demand and the continued strength of new construction, rental markets in the US remain extremely tight. Vacancy rates are at decades-long lows, pushing up…
Harvard Joint Center for Housing Studies
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June 25, 2019
Although household growth is returning to a more normal pace, this year's State of the Nation's Housing report shows that housing production still falls short of what is…
Harvard Joint Center for Housing Studies
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December 14, 2017
A decade of unprecedented growth in the rental housing market may be coming to an end, according to our 2017 America’s Rental Housing report. Fewer new renter…
Harvard Joint Center for Housing Studies
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June 22, 2016
With household growth finally picking up, housing should help boost the economy. Although homeownership rates are still falling, the bottom may be in sight as the lingering…
Harvard Joint Center for Housing Studies
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December 9, 2015
Rental housing is home to a growing share of the nation’s increasingly diverse households, but even with the strong rebound in multifamily construction, tight rental markets…
Harvard Joint Center for Housing Studies
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June 24, 2015
The US housing recovery lost momentum in 2014 as homeownership rates continued to fall, single-family construction remained near historic lows, and existing home sales cooled…
Harvard Joint Center for Housing Studies
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June 26, 2014
With promising increases in home construction, sales, and prices, the housing market gained steam in early 2013. But when interest rates notched up at mid-year, momentum…