As U.S. house prices keep climbing, hitting 5.61 times the median annual income, affordable housing is getting harder and harder to find.
Pressures from urbanization in the U.S. housing supply continue, with homeowner vacancies falling to an all-time low of 0.8% by end of 2022.
An analysis of 90+ major cities reveals which ones are the least affordable housing markets based on their price-to-income ratio.
Is $1 million enough to buy you a luxury home? As this infographic shows, the answer varies greatly from city to city.
According to UBS, there are nine real estate markets that are in bubble territory with prices rising to unsustainable levels.