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The current outlook for housing affordability reveals significant challenges, as key indicators such as housing prices, mortgage rates, and wages suggest limited improvement. Despite a slight possibility of stabilization in home prices, a substantial correction that would enhance affordability is unlikely. Mortgage rates continue to rise, complicating the financial landscape for prospective buyers. While wages are increasing, it will take time for these gains to impact affordability meaningfully, indicating that long-term trends do not favor a return to the more accessible housing market seen in previous years.