India, June 19 -- A new housing report shows that many Americans are finding it hard to afford housing. The report was released on June 17 by Harvard University's Joint Center for Housing Studies in its 2026 State of the Nation's Housing report. It says housing costs have gone up across the United States. Families are paying more for homes and also spending more on everyday needs.

Homeowners are also facing higher property taxes and insurance costs. According to Harvard's data, the average property tax in the country went up by 31% between 2019 and 2025. Home insurance costs have risen even faster. Average monthly insurance premiums jumped by 72% during the same period.

Buying a home is becoming harder for first-time buyers. Many people...