U.S. Housing Market Shows Signs of Improved Affordability
TL;DR Summary
The U.S. housing market is showing signs of improvement as mortgage rates decline slightly and home-price growth slows, leading to increased affordability and a potential shift in market dynamics, although challenges remain due to high prices and rates.
Topics:business#home-prices#housing-affordability#housing-market-recovery#income-growth#mortgage-rates#real-estate
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- MBA: Homebuyer Affordability Improved in July MortgageOrb
- Lower interest rates, higher incomes made homes more affordable in June Franklin Observer
- Median Mortgage Payments Down Slightly in July Weekly Real Estate News
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