Industry News

U.S. real estate affordability drops

But median-income family can still afford median-priced home
Published on Aug 3, 2005

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The median-income family had more than enough income to purchase a median-priced existing home in the second quarter of the year, according to an index produced by the National Association of Realtors trade group. But affordability dropped about 12 percent ...

Comments