US housing now most unaffordable in history with prices up 94% and household debt hitting $18.2 trillion

The Federal Reserve Bank of New York just confirmed it. Total household debt hit $18.2 trillion in Q1 2025. That’s a $167 billion increase in three months. Mortgage balances alone rose by $199 billion, now sitting at $12.8 trillion. Credit card debt stands at $1.18 trillion. Student loans are back on the books after a five-year pause, with 7.74 percent now 90 days delinquent.



https://www.newyorkfed.org/newsevents/news/research/2025/20250513