Discussion Paper
Unlocking Housing Supply: What Can We Learn About Recent Construction and Permitting Patterns in Our Region?
Scavette, Adam; Latham, Sierra (2024-02-14)
Since 2020, housing has become increasingly unaffordable for many families throughout the United States. Nationally, home prices have risen more than 40 percent, on average, and rent has increased by around 22 percent. While heightened demand likely fueled the rapid buildup in home prices since the COVID-19 pandemic, a chronic undersupply of housing from underbuilding in the 2010s also contributes to current housing affordability challenges.Recent rates of new residential construction have varied considerably across communities due in part to differences in the availability and cost of ...
Regional Matters

Peaks in Housing Construction as a Recession Signal
Kliesen, Kevin L. (2022-09-29)
Two measures of housing construction have tended to peak before U.S. recessions after 1970, but the time from those peaks to a recession’s onset has differed.
On the Economy