...14th month in a row. These trends highlight affordability struggles reported by renters in Realtor.com's recently published Avail Quarterly Landlord and Renter Survey, which found higher rents are increasingly cutting...

...in the absence of an economic downturn." "Rising mortgage rates are reducing affordability through higher mortgage-related costs, all while house prices continue to grow. Historically, rapid and substantial rises in...

With more and more homebuyers nationwide giving in to the fact that they simply cannot overcome affordability issues presented by the current housing market, purchase demand is on the decline....

As homes become more and more difficult to buy, whether it be a matter of affordability, rising rates, or a lack of desirable options due to inventory issues, mortgage application...

...affordability But with higher rates, affordability concerns begin to emerge; a problem which is already pushing people out of the market. “In April 2022, the average 30-year, fixed mortgage rate...

...flat conditions for the year and a decline in 2023 as housing affordability challenges in the form of higher mortgage rates and construction costs continues to worsen housing affordability conditions....

...affordability challenges that continue to burden families. “As the administration focuses on ways to improve the financing of multifamily projects, MBA strongly encourages HUD to focus on the issues that...

...is putting significant strain on the housing market when it comes to affordability, especially as home prices also continue rising. Home prices consistently rose near 20% year over year in...

...in play impacting affordability for today’s buyer. “The challenges continue to mount for prospective homebuyers,” said Berner. “Listing prices are at record highs and homes for sale are at historic...

...still significantly higher than prior years, but new headwinds to affordability and supply are negatively impacting both the ability and willingness to purchase a home. And, while the refinance market...