Finance

🏡 Case Study: Housing Affordability in Lexington, MA (2025) Lexington, Massachusetts continues to be one of the most competitive housing markets in the state. In June 2025, the median home sale price reached $2.1 million, marking a 29.2% increase year-over-year. This sharp rise reflects strong demand and limited inventory, making it a seller’s market. 1. https://www.redfin.com/city/36128/MA/Lexington/housing-market 📊 Key Stats: Median Price per […]

What does Housing Affordability Mean? It refers to the relationship between household income and housing costs—essentially, whether people can reasonably afford to buy or rent a home without compromising their ability to pay for other essentials like food, healthcare, and transportation. Factors Affecting Affordability: Local wages and employment opportunities, Home prices and rental rates, Availability […]

Historically, US home prices have risen faster than the overall rate of inflation, as measured by the consumer-price-index-CPI. This pronounced trend in recent decades, impacts housing affordability. Need to focus and understand the factors driving this disparity. Here are some key trends and observations (See data sources below): Long-Term Outpacing of Inflation: Since 1963, home prices […]

The Case-Shiller Home Price Index is a widely respected measure of U.S. residential real estate prices. It provides insights into home price trends across different metropolitan areas and is often used to gauge (indicator) the health and trends of the housing market. This Index tracks changes in residential real estate values across major US metropolitan […]