Industry Report: The State of the Nation’s Housing 2011, Joint Center for Housing Studies of Harvard University
By Colin Ryan
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This report provides a comprehensive statistical and narrative analysis of the U.S. housing market in 2011. It shows that existing home sales remain depressed while new home sales continue near record lows. The report also details the downward pressure that elevated vacancies and foreclosures continue to place on prices, and concludes that after three consecutive years of record-low construction levels, the vigor of the recovery in housing now hinges on a return of demand. The report includes chapters on housing markets, demographic drivers, homeownership, rental housing, and housing challenges, and contains a number of illustrative tables and graphs.
Date Published: June 6, 2011
Published on January 4, 2011
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