The National Association of Realtors affordability index dipped for the third straight month in May, meaning the typical family had less estimated income to afford a home at the national median price, according to data released Friday.
Source: Inman News
NAR affordability index dips for the 3rd straight month
Published in affordability, economy, housing affordability, housing costs, markets, Markets & Economy, NAR and News Brief
More from affordabilityMore posts in affordability »
- Redfin on 2026: Affordability improves, sales rise only slightly
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Everything you need to know about social media in under 1,100 words
- Rising unemployment revives prospects for December rate cut
- Tailwinds pull October existing-home sales up 1.2%
More from economyMore posts in economy »
- 3 under-the-radar trends from October’s Intel Index survey
- Homebuying off to strongest November start since 2022
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Mortgage rates spike as Powell warns December rate cut is iffy
- Lower mortgage rates spur homebuyers, but mostly refis
More from housing affordabilityMore posts in housing affordability »
- NAR’s new consumer profile shows agents how to thrive in 2026
- 8 reasons you should never recommend a 50-year mortgage
- Are 50-year mortgages an affordability fix or a time bomb?
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
- Veterans have been ‘priced out,’ left behind by the housing market
More from housing costsMore posts in housing costs »
- Which US cities are the most house poor? (And which are the least?)
- 48% of Americans blame investors for ‘unreasonable’ housing costs
- Fewer consumers think it’s a good time to buy — or sell: Inman-Dig poll
- Pressure on mortgage rates eases as Trump pauses higher tariffs
- Steel and aluminum are President Trump’s latest tariff targets
More from marketsMore posts in markets »
- Exactly where to focus your business to succeed this summer
- Zillow economist identifies 11 cities primed for real estate investors
- Why thousands of women will have to make health care moves in 2024
- What’s ahead economically for Q4 2023 and into 2024 and 2025?
- An economist’s take on housing prices, affordability, opportunity
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from NARMore posts in NAR »
More from News BriefMore posts in News Brief »
Be First to Comment