Affordability Archive

How Many Active Listings Can you Afford to Buy in the 100 Largest Metro Areas?

Find out how many of the homes which are currently listed for sale you can afford to buy based on your income. A typical household earning about $51,000[1] can afford to buy 36% of homes for sales in the...

July 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates rose to 4.75 percent this July, up 14.7 percent compared to 4.14 percent a year ago. Housing affordability declined from...

Housing Affordability in July 2018

The NAR Research Group and REALTOR.COM have partnered to conduct an analysis of affordability at different income levels for all active inventory on the market.  The result of this analysis, the REALTORS® Affordability Distribution Curve and Score, shows that...

Harnessing Technology for Everyone

By Bronwen Leibe Hi there! I am this summer’s research intern here at NAR! I attend the University of Maryland (go Terps!) where I am studying economics and history. I have been working on a few interesting reports and...
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July 5, 2018

Median Prices Rose to Highest Level, But Inflation-Adjusted Prices Still Below Bubble Peak

The median sales price of all existing homes sold rose to its highest level in May 2018, to $264,800. This peak price exceeds the housing bubble peak of $230,400 in July 2006. The median sales price of existing homes...