Find out why First American Chief Economist Mark Fleming says that even household income increases in the past year were “not enough to offset the affordability loss from higher rates and rising nominal prices.”
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Rent Rises Faster Than Home Prices; Still More Affordable Option
This news comes even as rents have risen faster than home prices over the last year in about half of the country.
Read More »Rents vs. Home Prices
Here's what a new study gauging how well rents compared to home sales revealed about rising prices and which cities saw the biggest gains.
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