Declining Affordability Suppresses Housing Demand

August 16, 2021

The M Report, Aug. 16, 2021–Eric C. Peck
Despite record low interest rates, homeownership affordability continued to decline nationally in May, as the Federal Reserve Bank of Atlanta’s national Home Ownership Affordability Monitor (HOAM) index fell from 97.58 in April 2021 to 94.29 in May.
https://themreport.com/daily-dose/08-16-2021/declining-affordability-suppresses-housing-demand