Housing Affordability Index (Fixed): 160.4 Index as of 08-01-2019

Copyright, 2016, National Association of Realtors. Reprinted with permission. Per the agreement with the source, data in FRED are available for the prior 13 months. Measures the degree to which a typical family can afford the monthly mortgage payments on a typical home. Value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20 percent down payment. This index is calculated for fixed mortgages.

TBD
Category, Region, Data Source: http://www.realtor.org/research/research/housinginx

Chart

Stats

Last Value 160.4 Index
Latest Period 2019-08-01
Last Updated 2019-10-11 10:40:19-05
Frequency M
Average Growth Rate 0.82
Long Term Average 148.95
Value from 1 Year Ago 142.4
Change from 1 Year Ago 12.64
Unit Index
Adjustment Index

Related Indicators