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
More from affordabilityMore posts in affordability »
- Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
- 2024 Spring Outlook: Another tight market, this time with extra anxiety
- Negotiating short sales is a crucial skill for real estate agents
- Sale-leaseback model is key to saving US homeownership: Study
- Tale of 2 housing markets will linger into 2024, Zonda economist warns
More from economyMore posts in economy »
More from housing affordabilityMore posts in housing affordability »
- How this Florida legislation could lead to more sustainable housing
- Lack of access to credit keeps Black neighborhoods in rental loop
- Homes are no longer affordable for the average American, report says
- Record share of homebuyers flee into the path of climate change
- ‘Affordability’ is a dirty word in real estate. It’s time for that to change
More from housing costsMore posts in housing costs »
- Costly housing spurred California’s 500,000-person pandemic exit
- Annual inflation drops to 7.1% even as housing woes persist
- Housing costs eyed as major culprit in latest 9.1% inflation hike
- The average Canadian home now costs double what it does in the US
- Inflation hits 8.5%, highest mark since 1981. Housing is only part of it
More from marketsMore posts in markets »
- 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
- How Harvard’s housing report sees the current (and future) market
More from Markets & EconomyMore posts in Markets & Economy »
More from NARMore posts in NAR »
- ‘Apologize’ and 17 other common-sense ways to begin reforming NAR
- 5 things every broker should be doing after NAR’s settlement
- ‘NAR’s days are numbered’: Ben Belack of ‘Buying Beverly Hills’
- Moehrl attorney: Market shift after NAR settlement ‘will take time’
- NAR (and now Compass) settled. Y’all had thoughts: The Download
More from News BriefMore posts in News Brief »
- Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
- The Agency opened 12 new offices in Q1 amid rush of global expansion
- US home price growth accelerates in January at fastest pace since ’22
- Compass to pay $57.5M to settle commission lawsuits
- Trump son-in-law Kushner pursues overseas real estate deals
Be First to Comment