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An aerial view of single family homes on August 01, 2025 in Miami, Florida. (Photo by Joe Raedle/Getty Images)
FILE - An aerial view of new home construction at a housing development in the Phoenix suburbs on June 9, 2023, in Queen Creek, Arizona. (Photo by Mario Tama/Getty Images)
A "sold" sign stands outside an existing home on September 24, 2009 in Pasadena, California. (Photo by David McNew/Getty Images)

Homeownership costs outpace incomes, keeping buyers on the sidelines

An aerial view of single family homes on August 01, 2025 in Miami, Florida. (Photo by Joe Raedle/Getty Images)