National Real Estate Insights December 2024

National Population Trends since 1910* U.S. Census Estimates, by Decade, Updated through 7/1/2023

Population change is a critical factor in the supply and demand dynamics that underpin housing markets. If population growth outpaces supply, it puts upward pressure on home prices.

300,000,000

250,000,000

The national population is affected by natural causes (births less deaths) and net immigration figures.

200,000,000

150,000,000

100,000,000

50,000,000

0

1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 2020 2023

* Per U.S. Census estimates through 7/1/2023: Deemed reliable but may contain errors and subject to revision. All numbers approximate.

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