Affordability
Rates Barely Budge on Slow Data Week
Mortgage rates continue to hover in the same 6%-7% range seen over the past year.
June 2025 Existing Home Sales: Affordability Continues to Hamper Buyers
Sales struggled as buyers continue to grapple with affordability challenges.
Buyers Need a $17,000 Raise to Afford a Typical Home
Median earners can now afford the typical home in only 11 major markets, down from 39 markets five years ago
Home Insurance Rates Growing at Nearly Double the Rate of Homeowner Income
The typical homeowner continues to face annual insurance cost increases, particularly in metros with higher risk of weather-related natural disasters.
Rent-Burdened Households Continue to Grow, Highlighting Need for More Assistance
Housing voucher values are catching up to slowing rents, but there are millions more cash-strapped renters than available vouchers
$1 Million Homes Have Grown in Number, Shrunk in Size Since the Start of the Pandemic
The biggest $1 million homes are in Indianapolis, while the smallest are in California