Browsing Posts In: housing affordability index

February 16, 2017 Posted by: Danielle Hale, Director of Housing Statistics

Because housing is a big part of many Americans’ financial wellbeing the ability to access homeownership – housing affordability – is an important topic. The National Association of REALTORS® (NAR) Housing Affordability Index is a great way to simply understand how affordable the housing market is or isn’t for the typical home buyer and how […]

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February 10, 2017 Posted by: Michael Hyman, Research Data Specialist

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.15 percent this December, up dramatically from last month’s 3.82 percent, but roughly unchanged compared to 4.14 a year ago. Housing affordability declined from a year ago in December moving the index down 1.4 […]

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January 13, 2017 Posted by: Michael Hyman, Research Data Specialist

After moving up in four consecutive months at the national level, housing affordability is down 1.1 from last month and down from a year ago. Mortgage rates increased to 3.82 this November and current home shoppers may want to lock in at current rates before they rise again. Housing affordability declined from a year ago […]

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January 6, 2017 Posted by: Amanda Riggs

The new year has already started off with a bang and NAR’s Research Team has many projects in the works for our members, the media, and the general public related to the housing market. We’ve compiled a little cheat sheet below to help you navigate our resources and keep you up to date with the […]

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Posted by: Amanda Riggs

The new year has already started off with a bang and NAR’s Research Team has many projects in the works for our members, the media, and the general public related to the housing market. We’ve compiled a little cheat sheet below to help you navigate our resources and keep you up to date with the […]

... Read More

December 9, 2016 Posted by: Michael Hyman, Research Data Specialist

At the national level, housing affordability is up from a year ago for the fourth consecutive month. Mortgage rates dipped and stood at 3.76 this October but they are already higher for current home shoppers. Housing affordability increased from a year ago in October moving the index up 0.5 percent from 169.4 to 170.2. The […]

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Posted by: Michael Hyman, Research Data Specialist

At the national level, housing affordability is up from a year ago for the fourth consecutive month. Mortgage rates dipped and stood at 3.76 this October but they are already higher for current home shoppers. Housing affordability increased from a year ago in October moving the index up 0.5 percent from 169.4 to 170.2. The […]

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November 3, 2016 Posted by: Michael Hyman, Research Data Specialist

At the national level, housing affordability is up from a year ago for the third consecutive month. Mortgage rates ticked up and stood at 3.78 this September and increases are expected to continue. Housing affordability increased from a year ago in September pushing the index up 1.0 percent from 165.9 to 167.5. The median sales […]

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April 13, 2016 Posted by: Michael Hyman, Research Data Specialist

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 declined from a year ago in February pushing the index from 181.3 to 174.9. The median […]

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February 12, 2016 Posted by: Michael Hyman, Research Data Specialist

At the national level, housing affordability is down from a year ago as higher home prices and only slightly lower mortgage rates mean that monthly payments are rising faster than incomes. Housing affordability declined from a year ago in December pushing the index from 171.0 to 161.7. The median sales price for a single family […]

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