Housing affordability dives to 4-year low, posing threat to home sales

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Housing affordability dropped to a four-year low in August amid rising home prices and elevated interest rates, The Wall Street Journal reports.

The reduced affordability may have already begun to chip away at demand for homes, according to the news outlet.

Source: The Wall Street Journal