Affordability gains drove a modest April increase as consumer confidence hit historic lows
Existing-home sales rose 1.7% from January to February
Home prices fell in 24% of markets, with 5 Florida markets posting the biggest price declines. But buyers chasing affordability drove up prices the most in parts of the Midwest and Southeast
In the third quarter, mortgage rates fell from 4.08% to 3.71%, according to data from the National Association of Realtors
The modest downtick pushes NAR's Housing Affordability Index to 155.8 points, compared to 155.3 in all of 2018
Family income was the only metric to see improvements — even as home prices and mortgage rates rose
Affordability rises in the U.S., according to NAR
Affordability rises in the U.S., according to NAR
Affordability rises in the U.S., according to NAR
Affordability rises in the U.S., according to NAR
Affordability rises in the U.S., according to NAR
Affordability rises in the U.S., according to NAR