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The Housing Market is Slowing Down, but Homes Aren’t Getting Cheaper Anytime Soon

August 10, 2022 Stu Gotz

The Housing Market is Slowing Down, but Homes Aren’t Getting Cheaper Anytime Soon

Combined with rising home prices, the mortgage payment for the nation’s typical home is up by roughly 60% from a year ago, dragging housing affordability down to a 15-year low in June.

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CNN

https://www.cnn.com/2022/08/08/perspectives/housing-market-mortgage-rates/index.html

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