Spatial Variation in the 2020 Housing Market Decline and Recovery

Posted: 2 Jun 2021 Last revised: 17 Jun 2021

See all articles by Nathan Ausubel

Nathan Ausubel

affiliation not provided to SSRN

Brigitte Roth Tran

Federal Reserve Bank of San Francisco

Date Written: May, 2021

Abstract

After plunging in the spring due to the COVID-19 pandemic, residential investment had a strong recovery in the second half of 2020. The initial decline resulted from both a disruption in activity due to social distancing, a broad-based drop in demand from economic uncertainty, and reduced access to credit (DeSanctis 2020).

Suggested Citation

Ausubel, Nathan and Roth Tran, Brigitte, Spatial Variation in the 2020 Housing Market Decline and Recovery (May, 2021). FEDS Notes No. 2021-05-24-2, Available at SSRN: https://ssrn.com/abstract=3855933 or http://dx.doi.org/10.17016/2380-7172.2905

Nathan Ausubel (Contact Author)

affiliation not provided to SSRN

No Address Available

Brigitte Roth Tran

Federal Reserve Bank of San Francisco ( email )

101 Market Street
San Francisco, CA 94105
United States

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