Special Report

Cities on the Verge of a COVID-Driven Housing Crisis

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10. New York-Newark-Jersey City, NY-NJ-PA
> Chg. in median home sale price, Q1 2010 to Q1 2020: +20.6% ($340,000 to $410,000)
> Chg. in unemployment, Mar. 2019 to Mar. 2020: 3.8% to 3.6%
> Ratio of median home value to household income: 5.8x
> Pct. employment in industries at high risk from COVID-19: 12.3%
> COVID-19 cases as of May 12, 2020: 2,207.0 per 100,000

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9. Cleveland-Elyria, OH
> Chg. in median home sale price, Q1 2010 to Q1 2020: +40.1% ($96,000 to $134,450)
> Chg. in unemployment, Mar. 2019 to Mar. 2020: 4.1% to 7.0%
> Ratio of median home value to household income: 2.8x
> Pct. employment in industries at high risk from COVID-19: 13.3%
> COVID-19 cases as of May 12, 2020: 197.4 per 100,000

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8. Cape Coral-Fort Myers, FL
> Chg. in median home sale price, Q1 2010 to Q1 2020: +176.8% ($84,900 to $235,000)
> Chg. in unemployment, Mar. 2019 to Mar. 2020: 3.4% to 4.3%
> Ratio of median home value to household income: 4.2x
> Pct. employment in industries at high risk from COVID-19: 18.9%
> COVID-19 cases as of May 12, 2020: 183.1 per 100,000

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7. Riverside-San Bernardino-Ontario, CA
> Chg. in median home sale price, Q1 2010 to Q1 2020: +120.6% ($170,000 to $375,000)
> Chg. in unemployment, Mar. 2019 to Mar. 2020: 4.2% to 5.0%
> Ratio of median home value to household income: 5.5x
> Pct. employment in industries at high risk from COVID-19: 22.8%
> COVID-19 cases as of May 12, 2020: 184.3 per 100,000

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6. Orlando-Kissimmee-Sanford, FL
> Chg. in median home sale price, Q1 2010 to Q1 2020: +139.0% ($102,500 to $245,000)
> Chg. in unemployment, Mar. 2019 to Mar. 2020: 3.2% to 4.2%
> Ratio of median home value to household income: 4.1x
> Pct. employment in industries at high risk from COVID-19: 28.1%
> COVID-19 cases as of May 12, 2020: 113.5 per 100,000