Today's Flooring News

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Housing Affordability Hits 10-Year Low in Second Quarter 2018

Housing Affordability Hits 10-Year Low in Second Quarter 2018

Washington, D.C., August 10, 2018—Rising home prices and interest rates pushed housing affordability to a 10-year low in the second quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).

Existing Single-Family Home Prices Up 5.3%

Existing Single-Family Home Prices Up 5.3%

Washington, DC, August 9, 2018—According to the latest quarterly report by the National Association of Realtors, the national median existing single-family home price in the second quarter was $269,000.