As part of the Regional Housing Initiative (RHI), the team conducted a submarket analysis. This analysis identifies census tracts with similar housing characteristics (density, price, market conditions) and groups them accordingly. This submarket analysis uses a Latent Profile Analysis (LPA) to group the region's 1,407 eligible census tracts (tracts with no households or population were removed) into one of eight submarkets. The team reviewed the existing conditions of these submarkets to identify their housing challenges and appropriate policies and strategies for each submarket.