Presentation on recent housing market dynamics

Some slides on recent house price dynamics

I recently gave a talk on housing markets, beginning with some observations and asking a few pressing questions.

  • U.S. house prices are increasing at about a 20 percentage point annual rate in recent months, the highest rate of growth ever recorded.

  • The level of real (inflation-adjusted) house prices is the highest in 131 years of house price data stretching back to 1890.

  • What does this mean for the housing market?

  • Is the growth rate of house prices sustainable?

  • Is the level of house prices sustainable?

  • Will there be a house price correction?

  • If there is a correction, what would be the trigger?

The full presentation is available below. I made the slides with R and the xaringan package.

Link to html presentation

pdf version download