Two New York regions top affordability chart, while nationwide affordability slips

Utica-Rome, NY claimed the title of the most affordable smaller market on the National Association of Home Builders/Wells Fargo Housing Opportunity Index for the first time, while Buffalo-Niagara Falls, NY was also at the top of the affordability chart for the second quarter. Nationwide housing affordability slipped several notches as recovering markets witnessed significant firming of home prices in the second quarter.

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