May 18, 2025 - 17:17
For-sale inventory is rising, but a new report shows that middle-class homebuyers still struggle to find affordable housing options. As the real estate market continues to evolve, the gap between available homes and the financial capabilities of the average middle-income buyer remains a pressing issue.
Despite an increase in the number of homes listed for sale, many properties fall outside the reach of those earning a median income. This disconnect is attributed to escalating home prices, which have outpaced wage growth, leaving many potential buyers in a precarious position.
The report highlights that while higher-end properties may see a surge in availability, the lower price brackets are still severely limited. This trend poses challenges for families looking to enter the housing market, particularly first-time buyers who often depend on affordable options to secure their first home.
As the demand for reasonably priced homes continues to rise, stakeholders in the housing market are urged to explore solutions to bridge this affordability gap.
