Finance Trends

Miami is the least affordable housing market in the U.S.

Miami, Florida, topped the list as the least affordable housing market in the U.S. The city saw a 0.50% increase in the median asking price for a home from $595,000 to $598,000.

According to RealtyHop, a family making Florida’s average household income of $44,581 would have to spend 85.67% of their paycheck on housing costs.