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Housing affordability hits 18-month low on lack of supply, higher prices

from Eye On Housing

Housing affordability hits 18-month low on lack of supply, higher prices Eye On Housing Despite low interest rates, a supply shortage coupled with rising home prices contributed to a decline in housing affordability in the second quarter of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). READ MORE

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