Week of May 15, 2017

U.S. Housing Update - Mind the Gap 

KEY TAKEAWAYS:

  • Housing prices have breached the record prices set 10 years ago; however, home affordability is much higher than it was at that time. 
  • The housing market has changed greatly in 10 years, with a much higher proportion of renters.
  • The millennial generation has just entered its prime home buying years.

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