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The “Double Trouble” of the Housing Market

The Double Trouble of the Housing Market February 2022. National Association of REALTORS Research Group Lawrence Yun, Chief Economist and Senior Vice President, NAR. Jessica Lautz, Dr. of Real Estate Vice President, Demographics and Behavioral Insights, NAR. Nadia Evangelou Senior Economist, Director of Forecasting, NAR. Meredith Dunn Research Manager, NAR. Danielle Hale Chief Economist, NAR Research and Sabrina Speianu Economic Data Manager, Staff 2022 National Association of REALTORS . All Rights Reserved. May not be reprinted in whole or in part without permission of the National Association of REALTORS . For reprint information, contact 2022 The Double Trouble of the Housing Market Introduction 4. National Comparison of Affordability to Pre-Pandemic Levels 6. Local Comparison of Affordability to Pre-Pandemic Levels 8. Affordability by Race 10.

inventory, we know what is affordable among homes currently available for buyers to put an offer on. c. It connects the “two troubles” of the housing market. ... homeownership rate across racial groups. The homeownership rate for White Americans has been consistently near 70% since 2017. During the same period, the

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