Middle-income households still struggle with affordable housing Premium Content

Study finds affordability gap still wide open in many markets

Inman News®

Affordable homes will continue to remain out of reach for middle-income households in some cities, even as home prices are falling at the national level, according to a study of select metropolitan areas released today.

The study, conducted by Moody's Economy.com for the nonprofit Homes for Working Families, examines housing affordability challenges facing middle-income households -- households earning between 60 percent and 120 percent of area median income -- against the backdrop of falling home prices.

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