More Balanced Inventory Improves Housing Affordability for a Second Year
Real house-buying power improved approximately 7% year over year in April as the market moved toward balance, according to First American. Months of supply rose from about 3.5 in April 2024 to 4.4 in April 2026, while nominal price growth slowed sharply. Affordability is improving β but not through the channel most buyers are waiting … Read more