After a herky-jerky few years, the housing market is at a major tipping point, according to the National Association of Realtors’ May 2025 Housing and Affordability Report. The report, which is based on NAR and Realtor.com data, revealed the market needs at least 416,000 listings priced at or below $225,000 to make homeownership affordable to the typical middle-class household.
Source: Inman News
The market is short 416K homes for middle-class homebuyers: NAR
Published in affordability, affordable housing, akron, austin, Columbia, danielle hale, denver, Grand Rapids, homeownership, housing market, housing policy, inman, los angeles, lower income buyers, Markets & Economy, middle class buyers, Nadia Evangelou, NAR, national association of realtors, new york city, oxnard, pittsburgh, raleigh, realtor.com, salt lake city, san diego, seattle, Select, spokane, St. Louis, washington d.c., Youngstown and zoning
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