US Housing Affordability Gauge Worsens for First Time Since 2023
A key measure of US housing affordability worsened for the first time in almost three years, as higher borrowing costs soaked up a bigger chunk of earnings for new homebuyers.
By Michael Sasso · Bloomberg Markets
A key measure of US housing affordability worsened for the first time in almost three years, as higher borrowing costs soaked up a bigger chunk of earnings for new homebuyers.