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Housing affordability improved in Q1
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Housing affordability improved in Q1
Washington, D.C.—Housing affordability improved modestly in the first quarter of 2026, but homeownership remained out of reach for millions of Americans, according to the latest National Association of Home Builders/Wells Fargo Cost of Housing Index. The index showed that a family earning the national median income of $106,800 needed 32% of its income to cover the mortgage payment on a median-priced new home. Low-income families, defined as thos…
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