[TSP_Strategy] Housing Affordability Index

 

Housing Affordability Index

Chart of the Week for August 28, 2015 - September 3, 2015

The Housing Affordability Index ("NAR Index") published by the National Association of Realtors® has fallen 28.3% from its record high on January 31, 2013 to June 30, 2015. The June 30 result was the low point for the five-year period shown on the chart above. The NAR Index is calculated on the relationship between median home prices, median family incomes, and the average effective mortgage rate. Since the peak of the index in 2013, housing prices and mortgage rates have generally risen, while incomes have generally grown modestly, making housing less affordable.

To put the NAR Index into perspective, a level of 100 means a family earning the national median family income, as reported by the Census Bureau, exactly qualifies for a mortgage on a typical median-priced existing single-family home assuming a 20 percent down payment. The June 2015 NAR Index value of 153.1 means a median earning household could still afford a median priced home.

__._,_.___

---

Posted by: sarah_oz@yahoo.com

---

Reply via web post

•

Reply to sender

•

Reply to group

•

Start a New Topic

•

Messages in this topic (1)

Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

Visit Your Group

• New Members 17

• Privacy • Unsubscribe • Terms of Use

.

__,_._,___

Anda baru saja membaca artikel yang berkategori dengan judul [TSP_Strategy] Housing Affordability Index. Anda bisa bookmark halaman ini dengan URL https://1stleadershipworkshop.blogspot.com/2015/08/tspstrategy-housing-affordability-index.html. Terima kasih!

Ditulis oleh: Andriansyah -