22%
Any uptick in a community's rent affordability beyond 22 percent translates into more people experiencing homelessness.
32%
Communities where people spend more than 32 percent of their income on rent can expect a more rapid increase in homelessness.
$222,800
The median home value nationwide in November, up 7.7 percent from a year earlier.
$257,700
Median sale price for existing homes in November, up 4.2 percent from a year earlier — and the 81st straight month of year-over-year gains.
43.2%
Share of buyers who put down 20 percent when buying a home.
24.2%
Share of buyers who put down 5 percent or less when buying a home.
5.4%
Additional share of currently for-sale homes that would be out of reach for a typical household’s budget if mortgage rates increase to 5.5 percent.
The post Notable Numbers: December 2018 appeared first on Zillow Research.
via Notable Numbers: December 2018
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