State of the State's housing market, 2022-2024

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Publication Type policy brief
School or College David Eccles School of Business
Research Institute Kem C. Gardner Policy Institute
Creator Kem C. Gardner Policy Institute
Title State of the State's housing market, 2022-2024
Date 2023
Description The pandemic years created unmatched volatility in Utah's housing market. The volatility in these past two years surpassed 50 years of housing history. Building permits for residential units increased by 26% in 2021, only to fall by 26% in 2022. These COVID-19 pandemic years now join the Great Recession as one of those unique moments in Utah's housing market. The Great Recession produced 16 consecutive quarters of declining housing prices, while the pandemic produced the shortest and steepest homebuilding expansion and contraction on record.
Type Text
Publisher University of Utah
Language eng
Series Informed decisions
Rights Management (c) Kem C. Gardner Policy Institute
Format Medium application/pdf
ARK ark:/87278/s6zf3byt
Setname ir_kcg
ID 2460011
Reference URL https://collections.lib.utah.edu/ark:/87278/s6zf3byt
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