In the first quarter, major expenses on median-priced homes devoured 32.3% of the average national wage, highlighting the ongoing challenge of home affordability in the current market. This data point underscores the struggle many potential homebuyers face as they navigate the real estate landscape for viable purchasing options.

Key Points:
– Major expenses on median-priced homes consumed 32.3% of the average national wage
– Home affordability remains elusive for many buyers
– This trend highlights the ongoing challenge in the current real estate market
– Potential homebuyers are facing difficulties in finding affordable purchasing options

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