Housing Market Advisability Is Taking a Big Hit

Housing market afford ability is a metric that measures the ability of an average home buyer to afford an average home in the us. When interest rates and home prices go up, a ford ability goes down. To fully stand affordability, you also need to take into account the medium income in the us as that determines whether home buyers can reasonably afford the true price of a home purchase. Right now, all three components are rising. Luckily, wages in the us Are also rising, but not enough to counteract the impact of rising home prices and interest rates.