Tag Archive: wage growth

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U.S. Home Affordability Drops to 8-Year Low in Q4 2016

29 Percent of Local Markets Less Affordable Than Historic Norms, Highest Since Q3 2009; Annual Home Price Appreciation Outpaced Wage Growth in 81 Percent of Markets; Affordability Index Improved From Year Ago in 18 Percent of Markets; IRVINE, Calif. –… Read More »

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24 Percent of U.S. County Housing Markets Less Affordable Than Their Historic Norms in Q3 2016

Highest Share Since Q3 2009 Despite Improving Affordability in Some High-Priced Markets; Home Prices Rose Faster Than Wages in 89 Percent of Counties, Reversing Recent Trend; Closing Costs Highest in NYC, Lowest in St. Louis IRVINE, Calif. – Sept. 29,… Read More »

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18 Percent of Housing Markets Less Affordable Than Historically Normal Levels in Q2 2016

Up From 5 Percent of Markets in Previous Quarter, But Down From 20 Percent a Year Ago; Wages Rose Faster Than Home Prices in 55 Percent of Markets, Reversing Four-Year Trend; IRVINE, Calif. – June 23, 2016 — RealtyTrac® (www.realtytrac.com),… Read More »

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Home Price Appreciation Outpaces Wage Growth in 76 Percent of U.S. Markets During Housing Recovery

Nationwide Home Price Appreciation Outpacing Wage Growth by Ratio of 13 to 1; 24 Percent of Markets with Wage Growth Outpacing HPA Poised for Growth in 2015   IRVINE, Calif. – March 26, 2015 — RealtyTrac® (www.realtytrac.com), the nation’s leading… Read More »

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