Industry News

Record-low housing affordability hits Golden State

Households need $125,670 income to buy median-priced home
Published on Sep 8, 2005

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by CareyBot

The percentage of households in California able to afford a median-priced home fell to 16 percent in July, down 3 percentage points from a year ago, while affordability in three regions fell to new lows, according to a report released ...

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