Housing affordability drops to 10 year low
Floor Covering News
FEBRUARY 8, 2022
Ongoing production challenges and the likelihood of higher interest rates in the months ahead as the Federal Reserve moves to tighten interest rates threaten to drive housing affordability even lower in 2022, according to the NAHB. Indianapolis-Carmel-Anderson, Ind. Fairbanks, Alaska. There, 90.6% Pittsburgh, Pa. Akron, Ohio.
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