#Justin Tyndall
UHERO study reveals housing ripple effect: One condo, hundreds of homes
The study examines a concept known as housing filtering, a process in which new construction sets off a chain of moves that frees up existing homes across the market. When a household moves into a newly built unit, it leaves behind a previous home, creating an opportunity for another household, and so on.
Home sales hit 25-year low, housing crisis explained in UHERO factbook
The past year has brought significant shocks to the housing market in Hawaiʻi. Per the University of Hawaiʻi Economic Research Organization (UHERO), overall transactions in 2023 was only half of what it was in 2021, and fewer single family homes were transacted in Hawaiʻi last year than in any of the last 25 years.