Local Economist Shares Thoughts on Hot Housing Market

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Hawaiʻi economist Paul Brewbaker warned there would come a day when the average price of a single-family home hit $1 million. That day came this year for Kauaʻi and Maui.

In July, the real estate guide Locations reported Oʻahu hit that benchmark. Honolulu Board of Realtors numbers were just shy of that seven-digit figure. Speaking to The Conversation, Brewbaker shared what he thinks is happening in the housing market.

This interview aired on The Conversation on Aug. 17, 2021.

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