About This Review Series
The quarterly and biennial housing market reviews produced by Adkins Capital Management provide an overview of the events and trends that have transpired in the U.S. residential housing market, and deliver a systematic assessment of home price levels for the cities that comprise the ACM 60-City Home Price Index.
Each presentation applies the ACM Adkins Valuation Methodology — analyzing the relationship between household income, home price levels, and prevailing mortgage interest rates — to determine whether home prices in each market are underpriced, fairly valued, overpriced, or severely overpriced relative to local income fundamentals. For the complete archive of historical presentations, visit the ACM YouTube channel.
Biennial residential housing market review covering 2023 and 2024. Analysis of the ACM 60-City Home Price Index, affordability trends, mortgage rate impacts, and city-level valuations.
Biennial residential housing market review covering 2021 and 2022. Analysis of pandemic-era price acceleration, supply constraints, and the onset of the Federal Reserve rate tightening cycle.
Biennial residential housing market review covering 2019 and 2020. Analysis includes pre-pandemic market conditions and the initial COVID-19 impact on the U.S. residential housing market.
Biennial residential housing market review covering 2017 and 2018. Analysis of continued post-crisis recovery, rising home prices, and city-level affordability assessments.
Biennial residential housing market review covering 2015 and 2016. Analysis of the post-financial crisis recovery period, historically low interest rates, and early signs of price appreciation.
