Housing Affordability Index
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A Housing Affordability Index is an index which rates housing affordability.
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[edit] US
One is published monthly by the National Association of Realtors. Below 100 indicates the median income family would need more than 50 percent of their income to "afford" an entry level home based on housing price and mortgage rates. National as well as regional data is published.
Another is the NAHB/Wells Fargo Housing Opportunity Index (HOI) published by the National Association of Home Builders and Wells Fargo.
[edit] Australia
It is published by the Housing Industry Association and Commonwealth Bank.
[edit] External links
[edit] Worldwide
[edit] US
[edit] Australia
- HIA Housing Report A quarterly review of the recent trends in house prices and housing affordability
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