House-Buying Power Exceeds Median Home Prices in Most Markets

First American Financial Corporation has released its latest iteration of their Real House Price Index (RHPI) for September which measures the price changes of single-family properties across national, state, and metropolitan areas, which are adjusted based on income, interest rates, and home-buying power. The ultimate goal of this is to provide a clearer picture of housing affordability  According to First American, the three key points of …

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Source: DS News

2021-12-01T15:57:02-06:00