Two Charts: U.S. Housing—A Market of Markets

Two Charts is a research series from Pretium that provides focused, data-driven analysis of the trends shaping real estate and the broader economy. Each edition highlights a key market insight through two concise, high-impact visuals.

In this edition, we examine how the U.S. housing market has become increasingly fragmented. While national housing fundamentals remain supported by structural supply shortages and demographic demand, investment performance increasingly depends on market-by-market — and even submarket-by-submarket — analysis.

View the full analysis here.