Focus on the Burden of Housing
Use the FRED map below to compare the percent of households in each US county burdened by housing expenses. A household is considered burdened if it has to dedicate at least 30 percent of its income to rent or mortgage payments. Learn more about the topic with this FRED Blog Reading Q&A.
From the FRED Blog
The post “Are home prices decreasing?” uses three different home price indexes to answer the question with an unequivocal “it depends.”
Quiz Yourself on Home Prices
Q1. The FRED graph shows consumer price index values for renting (the blue line) and owning (the red line) a home. Between January 1983 and July 2023, which price index value increased more?
Read this FRED Blog post to learn more about those data.
Q1. The FRED map shows the percent change from year ago in the quarterly all-transactions house price index by states during Q2 2023. Name the nine states and state-equivalents where home prices decreased.
Read this FRED Blog post to learn more about those data.
Q1. The FRED graph shows home prices and the homeownership rate in the United States between January 1987 and March 2018. Notice how, until 2006, both the price of houses and the homeownership rate increased. How did that relationship change between 2006 and 2016?
Q2. Use the date slider located directly below the horizontal axis of the graph to see data after 2016. How did the price of houses and the homeownership rate change since then?
Read this FRED Blog post to learn more about those data.
You can share these graphs with your students using this dashboard. To customize this dashboard, just click the “Save to My Account” button at the top of the dashboard.
