Evidence suggests U.S. house price/rent ratio, real home prices to decline

Jonathan Davis

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: The ratio of house prices to rents in the U.S. has risen 20 percent since first quarter 2020, coinciding with the beginning of the pandemic. The ratio is near its previous high in 2006. The future course of inflation may well be influenced by how this now-lofty ratio reverts to a more usual level.

Keywords: house prices; rents (search for similar items in EconPapers)
Date: 2025-02-25
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