Harvard JCHS Releases State of the Nation’s Housing 2023 Report
The Harvard Joint Center of Housing Studies has published the State of the Nation’s Housing 2023 report. The annual report notes that millions of households are priced out of homeownership even as the pace of home price growth appreciation slowed. Similarly, the rate of rent growth declined in 2023 even though rents remain elevated beyond pre-pandemic levels.
Major findings in the 2023 report include: