| Tipoffs for Dayton, Ohio (Public Policy) Newsletter for Saturday May 14, 2022 ( 1 items ) |
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National Association of Home Builders Warn of Significant Affordability Declines
WASHINGTON, May 14 (TNSRes) -- The National Association of Home Builders issued the following news release:
Housing affordability posted a modest gain for average conditions in the first quarter of 2022 as a strong jump in national median income helped to offset a gradual rise in interest rates. However, home builders warn of current deteriorating conditions as a sharp jump in mortgage rates in March and April coupled with ongoing building material supply chain disruptions, labor shortages and
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