Housing affordability inches up from recent trough, but remains depressed by higher rates, C.A.R. reports ...Middle East

Eighteen percent of California households could afford to purchase the $829,760 median-priced home in the third quarter of 2022, up from 16 percent in second-quarter 2022 but down from 24 percent in third-quarter 2021. A minimum annual income of $192,800 was needed to make monthly...

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