#USHouseMarketStructureDraft The US housing market structure reflects complex dynamics of supply, demand, and policy. Limited inventory, rising construction costs, and demographic shifts (e.g., millennial homebuying) drive price volatility. The Federal Reserve’s interest rate policies heavily influence mortgage affordability, while zoning laws and NIMBYism restrict new developments, exacerbating shortages. Regional disparities persist: Sun Belt markets boom due to migration, while coastal cities face affordability crises. Institutional investors now hold ~15% of single-family homes, reshaping competition. Post-pandemic remote work trends further decentralized demand. With recession risks and inflation lingering, stakeholders must navigate uncertainty.
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