Sentences with phrase «affordability measure shows»
The RBC Housing Affordability Measure shows the proportion of median pre-tax household income required to pay the principal and interest on a mortgage, property taxes and utilities.
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They claim flaws in RBC's methodology exaggerate affordability, so the measures should take second place to the price - to - income ratio and other indicators showing substantial overvaluation.
For each state, REALTORS ® Affordability Distribution Curve shows how many houses are affordable to households ranked by income while REALTORS ® Affordability Distribution Score is the measure which is intended to represent affordability for all different income percentiles in a siAffordability Distribution Curve shows how many houses are affordable to households ranked by income while REALTORS ® Affordability Distribution Score is the measure which is intended to represent affordability for all different income percentiles in a siAffordability Distribution Score is the measure which is intended to represent affordability for all different income percentiles in a siaffordability for all different income percentiles in a single measure.
By that measure, the cost of owning a home edged down by 1.0 percentage point to 42.0 percent for a detached bungalow, by 1.2 percentage points to 47.8 percent for a two - story home, and by 0.6 percentage point to 28.0 percent for a condominium, the RBC Housing Affordability index showed.