Discussion Paper
Spatial Variation in the 2020 Housing Market Decline and Recovery
Abstract: After plunging in the spring due to the COVID-19 pandemic, residential investment had a strong recovery in the second half of 2020. The initial decline resulted from both a disruption in activity due to social distancing, a broad-based drop in demand from economic uncertainty, and reduced access to credit (DeSanctis 2020).
https://doi.org/10.17016/2380-7172.2905
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2021-05-24
Number: 2021-05-24-2