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.
|Last Value||160.4 Index|
|Last Updated||2019-10-11 10:40:19-05|
|Average Growth Rate||0.82|
|Long Term Average||148.95|
|Value from 1 Year Ago||142.4|
|Change from 1 Year Ago||12.64|