Home prices rose at an unprecedented pace after the start of the COVID-19 pandemic, the result of record-low interest rates, the continued aging of millennials into prime…
Home prices rose at an unprecedented pace in the aftermath of the COVID-19 pandemic as interest rates fell to record lows, the large cohort of millennials aged increasingly…
Alexander Hermann, Peyton Whitney
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January 22, 2024
In 2022, the median sale price for a single-family home in the US was 5.6 times higher than the median household income, higher than at any point on record dating back to the…
The number of cost-burdened households in the US rose dramatically during the pandemic and in 2022 reached levels not seen since 2011, according to our analysis of recently-…
After home prices fell during the latter half of 2022 and markets across the country cooled, prices have been increasing nationally in 2023. Indeed, according to our analysis…