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Affordability Declines to Lowest Level Since 2007, According to First American Real House Price Index

—The pandemic-driven supply and demand imbalance that fueled historically strong house price appreciation is coming to an end as the housing market rebalances to a new normal, says Chief. | June 29, 2022

United statesSouth carolinaMark flemingFirst american financial corporationCompanies to workFortune magazineAmerican real house price indexEconomist analysisReal house prices increase nearlyFive cities where affordability declinedAffordability declinedMost year overLeast year overHousehold incomeVirginia beachHouse price index

Housing Market Adjusting to Waning Affordability, According to First American Real House Price Index

Press release content from Business Wire. The AP news staff was not involved in its creation.

United statesSouth carolinaMark flemingMarcus ginnatyCraig barberioCorporate communicationsFirst american financial corporationCompanies to workAmerican financial corporationAmerican real house price indexEconomist analysisReal house prices increase nearlyReal house price indexHouse price indexHouse price stateHouse price local market

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