Home prices continue to challenge affordability, Andrew Lokenauth notes

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15 hours ago

Home prices continue to challenge affordability, Andrew Lokenauth notes — U.S. housing costs remain high

Andrew Lokenauth comments on the ongoing challenge of housing affordability in the U.S.

He points out that while many Americans believe home prices are already out of reach, housing costs continue to rise.

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Lokenauth has also covered recent weakness in U.S. equity markets. He noted that stock market futures dropped after a surge in oil prices linked to Iran concerns. In addition, he reported that major layoffs at UPS, Oracle, and Amazon totaled tens of thousands as of July.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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