Live Updates > Live Update Details
2026-05-25 08:43:34
[Affordability Improves in Some Hot US Housing Markets, but Supply-Demand Mismatch Remains Nationwide] (1) Denver and Honolulu are becoming more affordable for ordinary homebuyers, becoming one of the few bright spots in the still daunting housing market across the US. (2) While national housing inventory has rebounded from recent lows, post-pandemic price surges have led to excessively high listing prices, making it difficult for local buyers to afford. The mismatch is particularly severe in Los Angeles and New York, while increased inventory in New Orleans and Houston has curbed price increases, and affordability pressures in San Diego and San Jose have eased somewhat. (3) Families with an income of approximately $75,000 can only afford homes up to $261,000, but this price range accounts for only 23% of all listed homes nationwide. Although the mismatch has generally eased since 2023, it is still higher than pre-pandemic levels. Denver has seen improved affordability in other upgrade markets such as Honolulu due to a significant increase in new listings and steady wage growth, but housing remains unaffordable in many areas.
