New Data Finds Home Sales Favor Wealthy, As Affordable Homes Are Scarce

SOUTH BARRINGTON, IL - FEBRUARY 21: A home is offered for sale on February 21, 2018 in South Barrington, Illinois. January home sales experienced a sharp drop over the same period last year because of a shortage of modestly-priced homes available to first-time home buyers. Sales of homes priced below $100,000 fell 13 percent while sales of homes priced between $500,000 and $750,000 increased nearly 12 percent in January. (Photo by Scott Olson/Getty Images)
SOUTH BARRINGTON, IL - FEBRUARY 21: A home is offered for sale on February 21, 2018 in South Barrington, Illinois. January home sales experienced a sharp drop over the same period last year because of a shortage of modestly-priced homes available to first-time home buyers. Sales of homes priced below $100,000 fell 13 percent while sales of homes priced between $500,000 and $750,000 increased nearly 12 percent in January. (Photo by Scott Olson/Getty Images)
New Data Finds Home Sales Favor Wealthy, As Affordable Homes Are Scarce
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Credit:
Scott Olson / Staff
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Getty Images News
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21 February, 2018
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