Housing affordability drops sharply for middle-class: NAR
Housing Wire
MAY 15, 2025
Housing markets across the country are grappling with a number of issues that have resulted in historically low home sales, and chief among them is the lack of affordability. Thats largely driven by a national housing shortage thats leading to fewer listings and thus driving up home prices. According to a new paper from the National Association of Realtors (NAR), the drop in affordability is present in all income brackets but its most stark among the middle class where the percentage of affordab
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