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Harvard University’s latest edition of The State of the Nation’s Housing

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Harvard University’s latest edition of The State of the Nation’s Housing

Harvard University’s latest edition of The State of the Nation’s Housing has arrived, and on this month’s episode of Monday with Matthew, Matthew Gardner breaks down what the data presented in the report means for the U.S. housing market in 2023 and beyond

US housing markets continue to cool as higher costs weigh on both homeowners and renters. On the for-sale side, home sales and construction levels have declined while rental markets are experiencing sharply reduced rent growth and rising vacancy rates. Nevertheless, home prices and rents remain elevated from pre-pandemic levels, leaving millions —including a disproportionate share of people of color—struggling with housing cost burdens, priced out of homeownership, or without shelter at all.

READ THE REPORT

The State of the Nation's Housing 2023 cover

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