While new homes remain largely unaffordable, builder efforts to improve housing affordability paid dividends in the second quarter of 2025, according to the latest data from the NAHB/Wells Fargo Cost of Housing Index (CHI). The CHI results from the second quarter of 2025 show that a family earning the nation’s median income of $104,200 needed 36% of its income to cover the mortgage payment on a median-priced new home. Low-income families, defined as those earning only 50% of median income, ...| www.nahb.org
Explore how to address the housing affordability crisis through federal, state and local advocacy to reduce building costs, increase housing supply, and provide diverse housing choices. Learn more about NAHB's comprehensive solutions and strategies.| www.nahb.org
EBRC Research Staff| Arizona's Economy