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Affordability Falls to Its Lowest Level Since 2008, According to First American Real House Price Index

Affordability Falls to Its Lowest Level Since 2008, According to First American Real House Price Index

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SANTA ANA, Calif.–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the October 2021 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at national, state and metropolitan

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