Housing Affordability Index, Fixed : 87.80 (As of 2023-07-01)
Housing Affordability Index, Fixed was 87.80 as of 2023-07-01, according to Organisation for Economic Co-operation and Development. Historically, Housing Affordability Index, Fixed reached a record high of 212.80 and a record low of 87.80, the median value is 159.80. Typical value range is from 127.78 to 175.88. The Year-Over-Year growth is -11.85%. GuruFocus provides the current actual value, an historical data chart and related indicators for Housing Affordability Index, Fixed - last updated from the United States Federal Reserve on 2023-07-01.
Monthly , not seasonally adjusted . Copyright, 2016, National Association of Realtors. Reprinted with permission. 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.
|Category||Production & Business Activity|
|Source||Organisation for Economic Co-operation and Development|
|Long Term Average||151.83|
|Average Annualized Growth Rate||-8.08%|
|Value from 1 year ago||99.60|
|Change from 1 year ago||-11.85%|