According to a recent report by the National Association of Home Builders (NAHB), housing affordability in the United States remains near a historic low level. The data shows that only 37.7% of new and existing homes sold in the fourth quarter were affordable to families earning the national median income of $96,300. This indicates a significant challenge for many potential homebuyers who are struggling to find affordable housing options.
Key Points:
– Housing affordability in the US remains near a historic low level.
– Only 37.7% of homes sold in the fourth quarter were affordable to families earning the national median income.
– This poses a challenge for potential homebuyers seeking affordable housing options.
You can read this full article at: https://wrenews.com/nahb-housing-affordability-remains-near-historic-low-level/
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