News

In some California markets, a household would need a six-figure raise to afford monthly payments on a typical home, new ...
At the same time, median incomes — representing the middle, not the average — across the region rose 35%. In Santa Barbara County, the median income for a single-occupant household was $15,500 ...
A new housing report found that the affordability crisis deepened in 2024, leading the national homeownership rate to drop ...
New listings nationwide rose 8.2% to 471,188 from March to April and 9.2% year-over-year. The median listing price of a home in April this year was $431,250, up 1.5% from the previous month and 0. ...
Existing-home sales rose 0.8% in May, driven by regional gains in the Northeast, Midwest, and South. Inventory grew over 20% ...
This comes as the median basic household income for first-time buyers increased by 22 per cent from €70,000 in 2019 to ...
From 1980 to the first quarter of 2025, home sales prices rose 554%. ... For a look at house prices in each state, the median income by state, and housing affordability, read on.
While price growth has slowed, elevated mortgage rates and rising prices are forcing prospective homebuyers to save more for ...
Median household income rose by 52% from 2018-2023, but the income needed to affordable a typical priced home increased by 113%. While wage growth is present among lower income earners, ...
Under HUD’s 2025 numbers, 80% of the Area Media Income, used to define the limit for “affordable” rents, rose to $67,100 for one person, up from $62,550 in 2024, an increase of $4,550.