AVERAGE AMERICANS CAN'T AFFORD HOME IN 70% OF COUNTRY

Even with rising wages and falling mortgage rates, Americans can't afford a home in more than 70 percent of the country. Out of 473 U.S. counties analyzed in a report, 335 listed median home prices more than what average wage earners could afford, according to a report from ATTOM Data Solutions. Among them are the counties that include Los Angeles and San Diego in California, as well as Miami-Dade County in Florida and Maricopa County in Arizona.

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CBSNEWS.COM

Average Americans can't afford a home in 70 percent of the country

Depleted home supply, partly thanks to a building slowdown, has put housing out of reach in most of the country