The affordability index reached 166.8, meaning the typical family possessed 166.8 percent of the estimated income required to purchase a home.
Source: Inman News
It was easier to afford a home in Q1 than any time in past 4 years: NAR
More from affordabilityMore posts in affordability »
- Canada easing mortgage terms for first-time new homebuyers
- Billionaires brawl as everyone else just tries to get by: The Download
- Pending home sales tally modest uptick amid rise in jobs, inventory
- Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
- 2024 Spring Outlook: Another tight market, this time with extra anxiety
More from home pricesMore posts in home prices »
More from Markets & EconomyMore posts in Markets & Economy »
- Existing-home sales drop in March as high rates stun homebuyers
- 2 buyers scramble to make a deal as the spring market sprints ahead
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Floridians grapple with insurance changes as hurricane season nears
- Coastal cities lead as single-family rent growth soars to 10-month high
More from NARMore posts in NAR »
- Existing-home sales drop in March as high rates stun homebuyers
- Federal courts hand HomeServices a win (and a loss) in Sitzer | Burnett
- Will lawsuits end 6% commissions? Probably not, 1 law professor says
- Judges decline to ‘centralize’ commission lawsuits for now
- NAR President Kevin Sears sells brokerage to Anthony Lamacchia
More from national association of realtorsMore posts in national association of realtors »
- Existing-home sales drop in March as high rates stun homebuyers
- Industry gets some clarity on mortgage commission rules
- What agents do post-settlement will define Real Estate 3.0
- Federal courts hand HomeServices a win (and a loss) in Sitzer | Burnett
- Will lawsuits end 6% commissions? Probably not, 1 law professor says
More from News BriefMore posts in News Brief »
Be First to Comment