Housing Affordability is Finally Improving

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September 15, 2016

Photo: Pixabay.com

Affordability challenges are finally beginning to improve. According to an analysis of American Community Survey data, some 33.6 percent of households were cost-burdened in 2015, meaning they spent more than 30 percent of their incomes on housing costs, down from 34.6 percent a year earlier — the fifth straight year of declines.

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