Housing market squeeze: The income needed to purchase a typical U.S. home is up 79% since 2020

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Here’s the annual U.S. household income needed to purchase the typical valued U.S. home:

• January 2020: $52,041
• January 2021: $52,087
• January 2022: $63,111
• January 2023: $87,092
• January 2024: $93,227
• January 2025: $98,900
• January 2026: $93,061

While the income needed...