A 2025 report from Chapman University shows that none of the 95 major housing markets in the world are considered affordable.

Five U.S. markets are among those at the top of the unaffordability index, with four of them in the same state.

Newsweek has mapped the most unaffordable housing markets in the country.

Why It Matters

Housing affordability has become a critical situation in the United States, hitting first-time homebuyers especially hard . Mortgage rates are elevated at a historical high and costs continue to rise. Affordability varies across the country, and prospective buyers face significantly different situations in the market depending on where they want to buy.

What To Know

Chapman University's report analyzed 95 major housing markets across eight nations and found

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