NAHB Reports Lack of Supply, Higher Prices Led to 18-Month Low of Housing Affordability
Aug 7th, 2020
The National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released this week shows that low interest rates were not enough to counter the double whammy of a supply shortage and rising home prices, which together contributed to a decline in housing affordability in the second quarter of 2020. In all, 59.6% of […]
