Home prices across the U.S. hit an all-time high
Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
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Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
Mortgage rates dropping to 6% would allow for more than 5 million more households to afford a home, according to the National Association of Realtors.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
