Industry News

Housing more affordable in fourth quarter

Singles, childless couples buy on seasonal price softness
Published on Feb 2, 2004

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by CareyBot

A seasonal decline in home prices and rising family income led to improved housing affordability in the fourth quarter of 2003, according to the National Association of Realtors. NAR’s composite housing affordability index was 139.2 during the quarter, up 2.6 ...