Housing Affordability Remains Near Historic Low Level
February 08, 2024
February 08, 2024
WASHINGTON, Feb. 8 [Category: Real Estate] -- The National Association of Home Builders issued the following news release:
Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing affordability in the fourth quarter of 2023 virtually unchanged from the previous quarter and holding near its lowest level in more than a decade.
According to the National Association of Home Builders (NAHB)/Wells . . .
Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing affordability in the fourth quarter of 2023 virtually unchanged from the previous quarter and holding near its lowest level in more than a decade.
According to the National Association of Home Builders (NAHB)/Wells . . .