Tight credit, high rates and low inventory add to buyers’ affordability struggles
Housing Wire
JUNE 5, 2023
In a sense, the gridlocked housing market has been feeding on itself,” Andy Walden , VP of enterprise research strategy at Black Knight, said. And, the 0.46% seasonally adjusted rise in home prices in April was near the 30-year average of 0.48% for the month, which would reflect a 5.5% It now takes 34.2%
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