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Real Estate Analysis and Commentary in the Mid-Hudson Valley
housing affordability
July 21st, 2023 2:02 PM
At the national level, housing affordability declined in May compared to the previous month, according to the National Association of Realtors recently updated Housing Affordability Index figures. Compared to the prior month, the monthly mortgage payment increased by 3.7%, while the median price of single-family homes rose 2.8%. The monthly mortgage payment increased by $73 from the previous month.
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Posted by Richard Binkowski on July 21st, 2023 2:02 PM
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