Tag: housing affordability
Home prices, rents remain high with steep interest rates, slow construction
Sharp interest rate hikes over the past year continue to impact homeownership and affordability for both homeowners and renters across the U.S., according to...
U.S., Eastern Iowa housing prices show year over year growth
Home prices rose 8.4% from the fourth quarter of 2021 to the fourth quarter of 2022, according to the Federal Housing Finance Agency’s (FHFA)...
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...