- U.S. housing affordability has decreased, with average home prices rising 60% from 2019 to 2025.
- Foreign investment in the 2010s drove up housing costs in areas with high concentrations of international buyers.
- From 2009 to 2018, housing prices rose faster than supply even in markets with fewer foreign investors.
- Supply elasticity declined after 2000, with a 1% price increase leading to only a 0.26% supply increase.