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Home-price rise exceeds wage growth in US: report

Published Thu, Mar 24, 2016 · 09:50 PM

New York

HOME prices are rising faster than wages in most of the United States, making homeownership increasingly difficult for average Americans in some of the most populous areas of the country, according to a report released on Thursday.

The report found that home price growth exceeded wage growth in nearly two-thirds of the nation's housing markets so far this year, with urban centres such as San Francisco and New York City among the least affordable.

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Property

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Property

Property

Home-price rise exceeds wage growth in US: report

Property

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

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