Three charts summarizes the fundamentals.
The monthly mortgage payment needed to buy the median priced home for sale in the US has increased from under $1,500 2 years ago to over $2,500 today.
2022 was a historically bad year for home affordability. 1 in 5 Homes for Sale in 2022 Was Affordable.
These illustrations are not a solicitation to buy or sell any ETF.
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