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Home Price-to-Income Ratio Reaches Record High

Alexander Hermann, Peyton Whitney • January 22, 2024

In 2022, the median sale price for a single-family home in the US was 5.6 times higher than the median household income, higher than at any point on record dating back to the…
Working Papers

The Industrial Structure of Affordable Mortgage Lending

Frank Nothaft, Brian Surette • October 2, 2001

This paper examines trends in prime-market mortgage lending to low- and moderate-income families and to families living in underserved areas, hereafter affordable lending,…