Driving factors behind US Housing Prices and Demand

Here is a brief visualization that I am working on today..

US Average House Prices and Steel & Lumber Price Index 1982-2022

Full-visualization can be seen here:

Sources:

Lumber Price Index

Steel Price Index

Average House Prices

Mortgage Rates

Houses sold & Houses for Sale Census Data

Additional:

Census Historical Housing Data

Number of Houses Sold from Office of Policy Development and Research (PD&R)