The Housing Affordability Index: Home Prices Surge and Rising Mortgage Rates Troubled Affordability in May 2024
Diminished Housing Affordability in May 2024 The monthly mortgage payment increased by 3.9%, while the median price of single-family homes rose by 5.7% (from $401,500 to $424,500) year-over-year. By: Michael Hyman Powered by WPeMatico