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Low rates offset rising home prices, boost affordability.?
![](https://static.wixstatic.com/media/0b24c2_f5fa9b1dd4ad43f6a5eebc42b1ad33f0~mv2.png/v1/fill/w_640,h_607,al_c,q_90,enc_auto/0b24c2_f5fa9b1dd4ad43f6a5eebc42b1ad33f0~mv2.png)
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![](https://static.wixstatic.com/media/0b24c2_490e0ccd02a2437593199c06dbf68b9f~mv2.jpg/v1/fill/w_640,h_919,al_c,q_85,enc_auto/0b24c2_490e0ccd02a2437593199c06dbf68b9f~mv2.jpg)
![](https://static.wixstatic.com/media/0b24c2_21a3b83670eb457d97d3458934bbb40d~mv2.jpg/v1/fill/w_640,h_752,al_c,q_85,enc_auto/0b24c2_21a3b83670eb457d97d3458934bbb40d~mv2.jpg)
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Sources:
[1] National Association of Realtors® (NAR), Housing Affordability Index, Q4 2019. [2] Redfin, February 2020. [3] Realtor.com®, January 2020 Monthly Housing Market Trends Report. [4] U.S. Census Bureau, HUD, Monthly New Residential Construction, January 2020. [5] U.S. Census Bureau, HUD, Monthly New Residential Sales, January 2020. [6] Mortgage Bankers Association (MBA) Builder Applications Survey, January 2020.