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 |
DOI |
10.7278/S5d-rrky-jw5z |
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 |