Previous close | 43.40 |
Open | 42.72 |
Bid | 41.81 x N/A |
Ask | 41.94 x N/A |
Day's range | 42.72 - 42.72 |
52-week range | 33.56 - 53.95 |
Volume | |
Avg. volume | 2 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
To comfortably afford a typical U.S. home, a home buyer making the median income needs to put down nearly $127,750, or 35.4%, a new Zillow® analysis shows. Five years ago, when mortgage rates were hovering just above 4% and the typical home was worth about 50% less, that home would have been affordable with no money down.
Despite a pandemic construction boom, the U.S housing shortage grew to 4.5 million homes in 2022, up from 4.3 million the year before, according to a new analysis from Zillow®.1 This deepening housing deficit is the root cause of the housing affordability crisis.
Home sellers are returning to the market, but they're finding buyers hesitating, according to the latest Zillow® market report.1 New listings of houses outpaced sales in May, allowing buyer competition and price growth to cool — and further price relief is in the forecast.