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Housing Market Tightness During COVID-19: Increased Demand or Reduced Supply?

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Abstract

During the COVID-19 pandemic, the housing market has tightened considerably. The tighter housing market could reflect increased demand (higher inflow of buyers to the market), reduced supply (lower inflow of sellers to the market), or some combination of the two.

Suggested Citation

  • Elliot Anenberg & Daniel R. Ringo, 2021. "Housing Market Tightness During COVID-19: Increased Demand or Reduced Supply?," FEDS Notes 2021-07-08-1, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2021-07-08-1
    DOI: 10.17016/2380-7172.2942
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    File URL: https://www.federalreserve.gov/econres/notes/feds-notes/housing-market-tightness-during-covid-19-increased-demand-or-reduced-supply-20210708.htm
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    Cited by:

    1. KRULICKÝ Tomáš & FILHO Eduardo Aguiar Henrique & HROMADA Eduard & ČERMÁKOVÁ Klára, 2022. "The Effects of Homeownership on Wealth Distribution," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    2. Elliot Anenberg & Daniel R. Ringo, 2022. "Volatility in Home Sales and Prices: Supply or Demand?," Finance and Economics Discussion Series 2022-041, Board of Governors of the Federal Reserve System (U.S.).
    3. Yörük, Barış K., 2022. "Early effects of COVID-19 pandemic-related state policies on housing market activity in the United States," Journal of Housing Economics, Elsevier, vol. 57(C).

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