housing affordability index Archive

July 2016 Housing Affordability Index

At the national level, housing affordability is up from a year ago for the first time since February of 2015 when it improved 2.0 percent. Mortgage rates are 3.77 this July, which is the lowest rate since June 2013...

June 2016 Housing Affordability Index

At the national level, housing affordability is down from a year ago as home price growth distresses affordability. Inventory levels are low and are putting pressure on home prices despite another month of declining mortgage rates. Housing affordability declined...

May 2016 Housing Affordability Index

At the national level, housing affordability is down from a year ago as higher home prices cause a slip in affordability. Median family incomes are not rising at the pace of home prices however, historically lower rates provide opportunities...

April 2016 Housing Affordability Index

At the national level, housing affordability is down from a year ago as higher prices continue to outpace household income growth. Modestly lower rates and income growth have helped reduce the burden of higher home prices, but are not...

February 2016 Housing Affordability Index

While home price growth eased to a slower pace last month, at the national level, housing affordability is down from a year ago as rates are modestly higher and price growth continues to outstrip household income growth. Housing affordability...