Real Estate
Remote Work Drove More Than Half of the Pandemic Housing Price Boom, Economists Find
Economists have found that the widespread shift to remote work during the COVID-19 pandemic was the primary driver of the U.S. housing price boom, accounting for more than half of the overall price growth. This fundamental change in demand for larger homes and different locations was not driven by speculation or low interest rates alone.
Aaron Blake·April 1, 2026