Housing Affordability Sees Minor Improvements Despite Historic Gap: Report

Despite a trend of significant depreciation in home-price growth, home prices remain elevated overall. Coupled with rising mortgage rates, elevated inflation and wages not rising in tandem with home prices, affordability still feels out of reach for many in the housing market. However, while homeownership remains widely unaffordable, there are minor improvements being seen, according…

The post Housing Affordability Sees Minor Improvements Despite Historic Gap: Report appeared first on RISMedia.

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