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Even with prices dipping, Utah’s housing markets remain unaffordable for most residents

Rising mortgage rates are pushing Wasatch Front home sales to a nine-year low, and 9 in 10 Utah renters cannot afford the median home price.

(Rick Egan | The Salt Lake Tribune) A house for sale in South Ogden, on Friday, Sept. 15, 2023. While home prices are dropping across the Wasatch Front, it's doing little to stem a crisis in housing affordability.