Affordability Worsened For All Ethnic Groups As Rates Remained Elevated (Episode 116)

Housing Matters Podcast
24/04/2024 26 min
Affordability Worsened For All Ethnic Groups As Rates Remained Elevated (Episode 116)

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Episode Synopsis

With interest rates rising further in 2023, housing affordability continued to deteriorate for all ethnic groups last year. While the affordability gaps had narrowed between groups, they remained wide. The disparity will not likely improve much this year, as home prices are expected to increase moderately in 2024.

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