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The U.S. housing market during a recession

ÌÇÐÄÆƽâ°æ spotlight report on the U.S. housing market during a recession

The United States' period of surging homebuying activity has come to an end. The onset of the coronavirus pandemic's record-low mortgage rates made it easier for many Americans to purchase a new home. However, as the economic climate deteriorated, the housing market responded with a gradual decline in sales activity.

This ÌÇÐÄÆƽâ°æ report delves into the housing market's response during the economic downturn. It explores the major challenges and opportunities that the market is currently facing, including overcoming supply shortages and providing new housing at an affordable price. These challenges and opportunities vary in extent across different metropolitan areas due to the regional nature of the housing market. To complete the picture, the report provides an in-depth analysis of how major metropolitan areas across the country are positioned in the current situation. The analysis includes metrics such as housing shortage, inventory and sales count changes, forecast house price changes, and affordability.

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Table of contents

Key questions answered in this report:

  • Why has the housing market slowed down?
  • What opportunities are there in the current market?
  • Which metros are best positioned in the market?

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