Monday, March 27, 2023 | The Latest Buzz for the Appraisal Industry

Black Knight: Housing Currently Least Affordable in Nearly Two Years

The latest Mortgage Monitor Report from the Data & Analytics division of Black Knight Inc. contends that intense home price appreciation over the past year has profoundly affected home affordability, with housing now the least affordable it has been since mid 2019.

“Multiple years of constrained housing inventory and historically low interest rates have helped fuel this fire to the point where nearly 75 percent of the 100 largest U.S. markets have seen annual home price growth

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