...since November 2022. However, the ESR expects this, too, to be temporary due to ongoing affordability constraints, the “lock-in” effect keeping people from selling their homes, and still low inventory...

...of favor—largely due to the shift to remote work and the housing affordability crisis. The Bay Area’s Housing Market Has Taken the Biggest Hit The total value of San Francisco...

...the months and years ahead.” “Their insights on the availability and affordability of housing, the barriers to new development of more affordable housing, and the unique challenges in rural and...

...sales are bottoming out,” said NAR Chief Economist Lawrence Yun. “Prices vary depending on a market’s affordability, with lower-priced regions witnessing modest growth and more expensive regions experiencing declines.” Total...

...nominal house price growth,” said First American Economist Ksenia Potapov. “House price appreciation reduces affordability, while falling mortgage rates and rising incomes increase affordability.” “Changes in income play a smaller...

...households that may be able to afford them exceeds 10%. There is an overlap across cities with large increases in million-dollar homes and the widest affordability gaps. According to Census...

...(±10.4%) above the revised December rate of 996,000. The January rate for units in buildings with five units or more was 349,000. “Builders still face a difficult market as affordability...

...apartment to call home: Rent affordability calculator: For renters living alone or with a roommate or partner, setting a realistic budget is an important place to start. Solo renters can...

...a downward trend that started in November 2022. According to Black Knight, despite the improvement, rate and affordability pressures continue to challenge purchase lending, with the dollar volume of such...

...National Association of Realtors (NAR) quarterly report entitled Metropolitan Median Area Prices and Affordability which overall found 166 of the top 186 metropolitan areas posted an average of a 4%...