Housing Affordability Drops Slightly from 4Q 2020

HousingWire, May 6, 2021–Tim Glaze
63.1% of new and existing homes sold between the beginning of January and end of March were affordable to families earning the U.S. median income of $79,900 — slightly down from the 63.3% of homes sold in the fourth quarter of 2020 that were affordable to households earning the median income of $78,500.