Housing affordability

Almost two-thirds of those aged 55 or over said they are sentimental about the house they have occupied long-term.

The income needed to afford a typical apartment is the highest since 2022.

Home inventory on the market increased in May, but stubbornly high mortgage rates and home prices are leading to slow sales in many areas, according to reports from Redfin and Zillow.

With home prices also climbing up faster than expected for the time of the year, median new loan payments headed higher by more than 2%, according to the Mortgage Bankers Association.

The April and May announcements from the U.S. government, down payment assistance firms and lenders on easing the homeownership affordability crunch.

The rates of single parent homeownership by gender differ by 14 percentage points, even though more single women own homes than men.

Almost half of parents said their grown children returned to live with them after graduation, placing greater challenges on their own long-term housing and retirement goals, according to a recent survey.

A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.

Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.

Higher costs than expected, not just for the mortgage but for repairs and more, have recent buyers' regretting their purchase, Clever RE and Redfin found in separate reports.