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How the U.S. might outgrow pandemic-era housing (un)affordability problems


Abstract: A review of market-based and private forecasters’ expectations suggests that U.S. housing may be at an inflection point. U.S. income growth and, more broadly, the robust U.S. labor market will likely help wring out pandemic-era excesses that led to rapidly deteriorating affordability.

Keywords: housing; monetary policy; COVID-19; United States;

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2024/0813
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2024-08-13