From REALTOR® Magazine <[email protected]>
Subject Housing Wealth Skewed to the Rich
Date March 10, 2022 8:45 PM
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“It’s a wake-up call,” one NAR economist says

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National Association of REALTORS®
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March 10, 2022


Housing Wealth Skewed to the Rich
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Over the past decade, about 71% of the increase in housing wealth has been from high-income households, according to an NAR report.


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Homes Worth $1 Million or More at Record High
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“The surge in housing values has turned many homeowners into millionaires,” says one housing expert.


Pandemic Led Many to New Home Dreams
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Nearly half of homeowners say they’re unsure what the current value of their home is, however, or whether a their idea of a dream home is obtainable.


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Millennials Fear More Debt
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In a time of rising home prices, millennials say they’d rather save more than take on excessive debt.


Why Builders, Buyers Are Favoring Townhomes
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A builder’s trade group is bullish that townhome construction could hit a record high in coming years.


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