Search Results
Showing results 1 to 1 of approximately 1.
(refine search)
Discussion Paper
Spatial Variation in the 2020 Housing Market Decline and Recovery
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).