Tennessee Housing Market: Business and Economic Research Center, MTSU

Every quarter Middle Tennessee State University publishes the Tennessee Housing Market report. It offers an overview of the state's economy as it relates to the housing market. It includes data on employment, housing construction, real estate transactions and mortgages, home sales and prices, delinquencies, and foreclosures.

In recent months, the BERC has created an interactive website for readers to view the data. The most recent of its quarterly reports are posted below.

Tennessee Housing Market: 2nd Quarter 2022

Eight of the 12 quarterly indicators used in this report (unemployment claims, mortgages past due, etc.) show positive economic outcomes in the midst of the pandemic. However, foreclosure rates and vacancy rates have risen since last quarter and Single-Family Home Permits and Total Home Permits has fallen. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[September 2022]

Tennessee Housing Market: 1st Quarter 2022

Ten of the 12 quarterly indicators used in this report (unemployment claims, home permits, etc.) show positive economic outcomes in the midst of the pandemic. However, foreclosure rates and vacancy rates have risen since last quarter . For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.”

[July 2022]

Tennessee Housing Market: 4th Quarter 2021

Ten of the 12 quarterly indicators used in this report (unemployment claims, home prices, etc.) show positive economic outcomes in the midst of the pandemic. However, the number of housing permits continues to fall. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[March 2022]

Tennessee Housing Market: 3rd Quarter 2021

Eight of the 12 quarterly indicators used in this report (unemployment claims, home prices, etc.) show positive economic outcomes in the midst of the pandemic and two show a neither positive nor negative outcome. However, the number of housing permits has fallen. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[December 2021]

Tennessee Housing Market: 2nd Quarter 2021

Ten of the 12 quarterly indicators used in this report (unemployment claims, building permits, home prices, etc.) show positive economic outcomes in the midst of the pandemic. Weekly unemployment claims have fallen almost 80% and mortgage delinquency has fallen as well. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[September 2021]

Tennessee Housing Market: 1st Quarter 2021

Nine of the 12 quarterly indicators used in this report show positive economic outcomes in the midst of the pandemic. However, mortgage delinquency continues to rise over the prior year, though weekly unemployment claims are falling as well. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[June 2021]

Tennessee Housing Market: 4th Quarter 2020

Eight of the 12 quarterly indicators used in this report show positive economic outcomes in the midst of the pandemic. However, unemployment and mortgage delinquency continue to reflect substantial increases over the prior year. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[March 2021]

Tennessee Housing Market: 3rd Quarter 2020

Eight of the 12 quarterly indicators used in this report show positive economic outcomes in the midst of the pandemic. However, unemployment and mortgage delinquency still reflect substantial increases over the prior year. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[December 2020]

Tennessee Housing Market: 2nd Quarter 2020

Six of the 12 quarterly indicators used in this report (unemployment claims, building permits, home prices, etc.) show adverse economic outcomes in the midst of the pandemic. However, home prices, building permits, and mortgage transfer tax collections all displayed substantial increases from the prior quarter. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[September 2020]

Tennessee Housing Market: 1st Quarter 2020

As stated in the introduction, with regards to Covid-19, "this report represents the calm before the storm." Ten of the 12 economic indicators used in this report show positive results for Tennessee's economy, with the glaring exception being unemployment claims, which began to skyrocket mid-March. Otherwise, indicators like mortgage and real estate transfer tax collections were more than 30 percent higher during Q1 of 2020 than they had been during Q1 of 2019. The economic ramifications of Covid-19 will begin to be reflected in earnest in the Q2 2020 report.

[June 2020]

Tennessee Housing Market: 4th Quarter 2019

Nine of the 12 quarterly indicators used in this report (unemployment claims, building permits, home prices, etc.) show strong economic performance in the state of Tennessee during the 4th quarter of 2019, as has been the trend in prior quarters. However, homeowner and rental vacancy rates have trended upward over the past 12 months, although the 4th quarter of 2019 saw them fall once again. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[March 2020]

Tennessee Housing Market: 3rd Quarter 2019

Eight of the 12 quarterly indicators used in this report (unemployment claims, building permits, home prices, etc.) show strong economic performance in the state of Tennessee during the 3rd quarter of 2019, as has been the trend in prior quarters. However, building permits remain down from the prior year, while unemployment claims, and homeowner and rental vacancy rates trended upward. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[December 2019]

Tennessee Housing Market: 2nd Quarter 2019

Nine of the 12 quarterly indicators used in this report (unemployment claims, building permits, home prices, etc.) show strong economic performance in the state of Tennessee during the 2nd quarter of 2019, as has been the trend in prior quarters. However, building permits were down from the prior year, while rental vacancy rates trended upward. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[September 2019]

Tennessee Housing Market: 1st Quarter 2019

Eight of the 12 quarterly indicators used in this report (unemployment claims, building permits, home prices, etc.) show strong economic performance in the state of Tennessee during the 1st quarter of 2019, as has been the trend in prior quarters. However, both mortgage tax collections and single family building permits were down from the prior year, while vacancy rates trended upward. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[June 2019]

Tennessee Housing Market: 4th Quarter 2018

Eight of the 12 quarterly indicators used in this report (unemployment claims, building permits, home prices, etc.) show strong economic performance in the state of Tennessee during the 4th quarter of 2018, as has been the trend in prior quarters. However, mortgage tax collections and single family building permits were down from the prior year, while vacancy rates trended upward. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[March 2019]

Tennessee Housing Market: 3rd Quarter 2018

Most of the quarterly indicators used in this report (unemployment claims, building permits, home prices, etc.) show strong economic performance in the state of Tennessee during the 3rd quarter of 2018, as has been the trend in prior quarters. However, mortgage tax collections were down from the prior year, while vacancy rates trended upward. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[December 2018]

Tennessee Housing Market: 2nd Quarter 2018

Most of the quarterly indicators used in this report (unemployment claims, homeowner/rental vacancy, building permits, etc.) show strong economic performance in the state of Tennessee during the 2nd quarter of 2018, as has been the trend in prior quarters. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[August 2018]

Tennessee Housing Market: 1st Quarter 2018

Most of the quarterly indicators used in this report (unemployment claims, homeowner/rental vacancy, building permits, etc.) show a sustained economic growth in the state of Tennessee during the 1st quarter of 2018, as has been the trend in prior quarters. For information and graphics on the aforementioned indicators, as well as information on mortgage performance, home prices, and real estate tax collections, click the above link to view the full report.

[June 2018]