How housing costs got here and where they're going.
| Platform |  | Pricing | Freemium | Publishes | Daily |
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| Issues | 622 | Founded | 4 years ago | Last Issue | 3 days ago |
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kevinerdmann.substack.comLatest Issues
May 2026 New Home Sales
Reported sales dipped a bit this month.
Reported sales dipped a bit this month. You have probably seen reports about how builders are sitting on an accumulating pile of inventory rivaling the Great Recession. Figure 1 shows sales, inventor...
C-Span Washington Journal
I recently appeared on C-Span’s Washington Journal to talk about housing.
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https://www.c-span.org/program/washington-journal/kevin-erdmann-on-housing-affordability-in-the-us/681427
May 2026 Erdmann Housing Tracker Update
with notes on inflation
We continue to live in a noisy time for housing data with unsettled inflation data and population shifts due to various sources of Trump chaos. That shows up in Figure 1 in the bump up in non-core CPI inflation. Cor...
21st Century Housing in Three Atlanta Suburbs
I am currently engaged in a project where we are attempting to take a deep and thorough look at the causes and effects of investors in residential real estate. One of the things that has become clear to me is that investors partially fill t...
Realtor.com estimates of the housing shortage
Unless there is a scheduling change, I will be on C-Span Washington Journal Saturday morning at 8am EDT. We will be talking about the state of American housing supply.
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I have been looking at some measures by Realtor.com that...
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Authors
The writers behind this newsletter.
I discovered a new framework for understanding the housing bubble, the financial crisis, and costly housing markets. And, I have developed a novel framework for estimating the effects of supply constraints vs changing demand on home prices.
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