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Tag: housing affordability

Builder confidence drops

Housing recession deepening, NAHB chief economist says

Rising mortgage rates, high inflation, low existing inventory and elevated home prices caused housing affordability to fall to its lowest point since the Great...

NAHB: Home prices discourage a growing segment of prospective buyers

The share of prospective buyers actively trying to find a home fell in both the third (57%) and fourth quarters (52%) of 2021, after...

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