Prices are so good that most residents can’t afford to buy a home in 25% of metro areas.
Nearly 20% of counties grow less affordable in Q2 2016, with Kings County, N.Y., being the least affordable.
Average wage earners currently must spend 30.2% of their monthly income to afford a home.
Annual RealtyTrac report says U.S. median home price gained 10%. Ninety-one percent of MSAs gain value.
Steady rent increases have led to a home price uptick in 93% of U.S. metro areas, association says.
Review the latest key statistics in the housing marketing recovery.
Regional price variances, low inventory and too many homeowners still underwater mean higher prices aren't resulting in big loan gains.
The Federal Reserve Board said commercial real estate market conditions have held steady or improved in nearly all 12 of its districts in recent weeks.
YouWalkAway.com says housing crisis not over and won't be until foreclosures work their way through the market.