US incomes aren't keeping up with home price growth - Business Insider


3/3/2022 12:00:00 AM3 years 2 months ago
by Alcynna Lloyd

American families earning $75,000 - $100,000 annually can't afford nearly half the homes on the market. And those families have above-average incomes.

Home prices just hit another all-time high and that means even more Americans are losing purchasing power.  According to Realtor.com, the US median listing price soared to $392,000 in February, mark… [+3093 chars]

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