Real Estate Economist: Home Prices are Increasing Twice as Fast as Income Growth
CNBC, Mar. 13, 2018–Matthew J. Belvedere
Not enough for-sale signs in front yards are driving residential home prices higher, the chief economist at the Mortgage Bankers Association said Tuesday. Compounding the problem is that Americans’ wage growth is being left far behind, according to the MBA’s Mike Fratantoni.
