Browsing Posts In: housing affordability

February 21, 2017 Posted by: Michael Hyman, Research Data Specialist

The National Association of Realtors quarterly home prices increased again this quarter. With inventory, being an issue in certain metro markets affordability may become a challenge for potential homebuyers. Here is a look at the metro areas for the top five most and least affordable of the fourth quarter 2016 as well as a look […]

... Read More

Posted by: Michael Hyman, Research Data Specialist

The National Association of Realtors quarterly home prices increased again this quarter. With inventory, being an issue in certain metro markets affordability may become a challenge for potential homebuyers. Here is a look at the metro areas for the top five most and least affordable of the fourth quarter 2016 as well as a look […]

... Read More

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 […]

... Read More

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 […]

... Read More

December 13, 2016 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The inventory of homes for sale continues to shrink. There were 2.02 million homes listed for sale at the end of October, representing only 4.3 months’ supply. A balanced market would be closer to 6-to-7 months’ supply.  From a year ago, the raw inventory count was down 4%, which marked nearly two straight years of […]

... Read More

Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The inventory of homes for sale continues to shrink. There were 2.02 million homes listed for sale at the end of October, representing only 4.3 months’ supply. A balanced market would be closer to 6-to-7 months’ supply.  From a year ago, the raw inventory count was down 4%, which marked nearly two straight years of […]

... 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 […]

... Read More

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 […]

... Read More

November 15, 2016 Posted by: Danielle Hale, Director of Housing Statistics

Bond Yields and Mortgage Rates are Moving Up This week has been an eventful one for bond markets. Just before the election, ten-year yields began to increase from the 1.8 percent yield they had held somewhat consistently in the second half of October. As of yesterday’s close, ten-year yields are now over 2.2 percent. Mortgage […]

... Read More

Posted by: Danielle Hale, Director of Housing Statistics

Bond Yields and Mortgage Rates are Moving Up This week has been an eventful one for bond markets. Just before the election, ten-year yields began to increase from the 1.8 percent yield they had held somewhat consistently in the second half of October. As of yesterday’s close, ten-year yields are now over 2.2 percent. Mortgage […]

... Read More