Affordability Expectations Improve as the Typical Buyer Changes

By October 31, 2022Housing
Prospective buyers in the third quarter of 2022 are more likely to have higher levels of income and education than earlier in the year.  This helps explain why affordability expectations have improved.  In the third quarter of 2022, 69% of buyers could only afford a minority of homes for sale in their markets, a much lower share than in the… Read More ›