Reported about 18 hours ago
Despite declining mortgage rates, shelter inflation remains a significant concern as housing affordability continues to be a challenge for renters and potential buyers. Recent reports indicate that while market rents have softened, many renters are still grappling with costs that have not kept pace with income growth. The housing market remains out of reach for many, with home prices rising significantly since the pandemic, complicating the landscape for prospective homeowners.
Source: YAHOO