The State of the Nation’s Housing Report
The State of the Nation’s Housing report, released on June 25, 2019 by the Joint Center for Housing Studies of Harvard University, provides a periodic assessment of the nation’s housing outlook and summarizes important trends in the economics and demographics of housing.
This year’s report states that household growth is now back from post-recession lows, but new home construction remains depressed, with additions to supply barely keeping pace with the number of new households. Several factors may be contributing to the slow construction recovery, including excess supply following the housing boom, which took years to absorb, and persistent labor shortages.
To view the report, click here.