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Real estate boom hurts housing affordability: The 5 most and least affordable metro areas

Mon Feb 21 2022 08:00:00 GMT+0000 (Coordinated Universal Time)

By creating a housing shortage, the coronavirus delivered a blow to housing affordability. However, in a countertrend that has softened the blow to buyers' budgets, the pandemic drove mortgage rates to record lows.

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© 2025 by California Association of REALTORS®.

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