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home / news releases / IMCV - New Lows For Affordability Of U.S. New Homes

IMCV - New Lows For Affordability Of U.S. New Homes

iShares Morningstar Mid-Cap Value ETF
  • The increase in median household income for March 2022 was much smaller than the increase in the median new home sale price recorded for the month.
  • March 2022's median household income was just 17.5% of the value of the median new home sold during the month.
  • The average mortgage payment for a median new home sold in March 2022 represents 33.8% of the income for the median American household.

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New Lows For Affordability Of U.S. New Homes
Stock Information
Company Name: iShares Morningstar Mid-Cap Value ETF
Stock Symbol: IMCV
Market: NASDAQ
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