Local News
'Not going to become easier:' Experts speak on outlook of Utah's housing affordability at Lehi economic forecast event
The outlook on housing affordability in Utah County and along the Wasatch Front remains bleak as the calendar turns to 2026, according to two experts. The Bank of Utah held an economic forecast event last week in Lehi, where national economist Tim Mahedy said inflation is easing and contributions to GDP growth continue to improve, but he warned there is still volatility in the labor market and that borrowing rates remain high. This has a direct implication for Utah because population growth and a business-friendly environment are keeping demand to live here high, but high prices and ...
