New Study Reveals How Much Young People Have to Struggle to Buy Homes (opens in new tab)

The national median price for a house is now three times higher than the median household income for Americans under 40—an obvious explanation for why nearly all young people say it’s harder for them to buy a home than it was for their parents.A study from the Pew Research Center released Wednesday shows home prices spiking tremendously in the beginning of the 2010s, and median home value rose 30 percent (from $269,600 to $350,000) from 2019 to 2024. This surge occurred at almost three times ...