Key Points: - Housing affordability improved 11 percent year over year in February, with all top 100 markets posting gains for the first time since October 2024. - In today’s dollars, homes are more affordable now than they were in the early 1980s because... See more
Key Points: - Affordability improved nearly 11 percent year over year in January, reaching its highest level since August 2022. - Income growth has outpaced house price growth for 19 straight months, boosting house-buying power even as mortgage rates rema... See more
Key Points: - Affordability jumped nearly 9 percent year over year in December, the 10th consecutive annual gain. - Affordability improved on an annual basis in all 50 states and in 48 of the top 50 markets. - Markets with inventory at, or above, pre-pand... See more
Key Points: - Income gains and lower mortgage rates boosted house-buying power by roughly $36,600 year-over-year in November. - Nominal price growth has slowed to near-zero, and 47 of 50 major metros posted affordability improvements. - Inventory is the d... See more
Key Points:
- Cooling price growth has helped boost affordability to its best level since the summer of 2022.
- Months’ supply—the number of homes for sale relative to the pace of sales—is the regulator of the price ‘thermostat.’
- Across metropolitan are... See more
