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【World Property Journal】Housing Affordability in the U.S. Hits Lowest Levels in Index History

【World Property Journal】Housing Affordability in the U.S. Hits Lowest Levels in Index History

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According to the National Association of Home Builders /Wells Fargo Housing Opportunity Index , just 37.4% of new and existing homes sold between the beginning of July and end of September 2023 were affordable to families earning the U.S. median income of $96,300. This is down from 40.5% posted in the second quarter of this year, and the lowest reading since NAHB began tracking affordability on a consistent basis in 2012.

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