This is the most unaffordable US housing market
Home prices, adjusted for inflation, are much higher than even the peak of the pre-Financial Crisis period
To put this into perspective:
Median home prices had reached $350,000 in 2006
Today, it is just shy of $400,000 pic.twitter.com/9EqDrYGSmF
— Game of Trades (@GameofTrades_) June 17, 2024
Housing is now unaffordable for a record half of all U.S. renters, study finds