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Strong Demand, Limited Supply, and Rising Prices: The Economics of Pandemic-Era Housing

Abstract: The Federal Reserve Bank of Cleveland regularly surveys a broad cross-section of businesses in the region it serves and convenes business advisory councils in eight of the region’s major metropolitan areas. The information collected through these surveys and conversations points to trends that are not yet apparent in the data and fills gaps in researchers’ understanding of our region’s economy. The information is helpful to Federal Reserve policymakers during their discussions about the nation’s monetary policy. Anecdotes herein have been edited for length and clarity.

Keywords: COVID-19; Housing;

https://doi.org/10.26509/frbc-ddb-20210929

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Source: Cleveland Fed District Data Brief

Publication Date: 2021-09-29

Number: 20210929