Name: Why America’s housing-affordability crisis will continue through at least 2026, according to BofA
Uploaded: 2024-06-25T01:06:40-04:00
Duration: 5 min
Description: A Las Vegas housing development.James Marshall/Getty Images US home prices surged 46% from January 2020 to 2024 due to pandemic-era migration trends. Prices will edge up over the next two years, Bank of America said. The mortgage lock-in effect will continue for six to eight years. The pandemic-era housing boom hasn’t worn off and should […]

Tag: housingaffordability

Why America’s housing-affordability crisis will continue through at least 2026, according to BofA

A Las Vegas housing development.James Marshall/Getty Images US home prices surged 46% from January 2020 to 2024 due to pandemic-era migration trends. Prices will edge up over the next two years, Bank of America said. The mortgage lock-in effect will continue for six to eight years. The pandemic-era housing boom hasn’t worn off and should […]