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The housing market is stuck: Americans can't afford homes, investors aren't buying property, and economists see little relief ahead

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A home inventory crunch has pushed prices higher - and that's kept Americans sidelined and forced real estate investors to pull back on spending.

that's weighing on house hunters, current homeowners, and even real estate investors.

The Case-Shiller US National Composite Home Price Index showed home prices climbed for the fifth straight month in June, and now the index is. The seasonally-adjusted data showed prices climbed in every single city in the group's 20-city index. A recent Redfin survey found that young adults in particular are facing headwinds. Thirty-eight percent of buyers under 30 in a survey said they had to

 

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