Home prices have risen much faster than wages, Pew Research reports. As a result, first-time homebuyers are getting squeezed out of the market.

The typical non-homeowner household earns about $7,000 less than what's needed to buy an entry-level home, according to LendingTree.

Home prices have risen much faster than wages, Pew Research reports. As a result, first-time homebuyers are getting squeezed out of the market.