Sentences with phrase «housing affordability index»

CAR has been publishing its traditional housing affordability index since 1988 and described the first quarter of 2012 as the most affordable quarter yet.

The Quarterly Housing Affordability Index measures whether or not a typical family qualifies for a mortgage loan on a typical home at the national and regional levels based on quarterly price and income data, as well as a look at affordability conditions for first time buyers.

Canada's housing affordability «mildly deteriorated» in the fourth quarter of 2005 due to relatively weak growth in household income, says the latest Housing Affordability Index released by RBC Economics.

Canada's housing affordability improved slightly in the third quarter of 2005 due to faster income growth in tightening labour markets and slower house price increases, says the latest Housing Affordability Index released by RBC Economics.

While certain housing markets, like Vancouver and Toronto, do seem frothy and at risk of some kind of correction, the Bank of Canada's Housing Affordability Index suggests a bust is not on the horizon at the national level.

The Quarterly Housing Affordability Index measures whether or not a typical family qualifies for a mortgage loan on a typical home at the national and regional levels based on quarterly price and income data, as well as a look at affordability conditions for first time buyers.

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.

To view the full RBC Housing Affordability Index report in pdf format, click on the details button below.

MCLEAN, VA --(Marketwired - Jul 19, 2017)- Freddie Mac (OTCQB: FMCC) released its Insight for July, which examines some of the factors and perceptions that can make purchasing a home seem out of reach that aren't always reflected in housing affordability indices.

The state has undergone such a spectacular surge in housing values that it has plunged into the worst affordability doldrums since 1989, when Ronald Reagan was in the last year of his presidency, according to CALIFORNIA ASSOCIATION OF REALTORS ®» annual housing affordability index.

NAR's composite quarterly Housing Affordability Index rose to a record high of 205.9 in first quarter, based on the relationship between median home price, median family income and average mortgage interest rate.

NAR's national Housing Affordability Index stood at 198.2 in November, based on the relationship between median home price, median family income and average mortgage interest rate.

WASHINGTON, D.C. — The ability of the typical American family to buy a median - priced existing home improved during the third quarter, contributing to this year's record level of home sales, according to NAR's composite Housing Affordability Index.

Housing Affordability Index data are provided by NAR solely for use as a reference.

The Monthly Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional levels based on the most recent monthly price and income data.

The Scout Vision ® Regional Housing Affordability Index is the ratio of the years of median household income in the region, to the median house value in the region.

According to the NAR Housing Affordability Index, housing is at its most affordable in a generation.

Low mortgage rates and falling home values have brought housing within reach to more families than ever before, according to the latest National Association of REALTORS ® housing affordability index.

The Bank of Canada's recently revamped Housing Affordability Index says «yes,» while the more widely - known RBC Housing Affordability Measures says «no,» claiming that home ownership costs now exceed the long - term average.

The HIA - CBA Housing Affordability Index fell 9.1 per cent over the last three months to be 32 per cent lower compared to the same period last year, showing a worsening situation nationally.

The July Housing Affordability Index declined by 1 percentage point from June.

After dropping to a low of about 100 in mid-2006, NAR's Housing Affordability Index started ticking back up, and at the end of November was projected to stand at 106 at the end of 2006.

Despite rising house prices, Canada's housing affordability improved in the second quarter of 2005 as the dip in mortgage rates to multi-year lows offset the higher prices, says the latest Housing Affordability Index from RBC Economics.

California's Housing Affordability Index hit a peak of 56 percent in the first quarter of 2012.

Stuart Norton serves as ACRE's research coordinator where he manages the center's residential market research, producing monthly, quarterly and yearly sales reports on 26 residential markets across the state, monthly new construction reports that track new construction building permits and housing starts, and the center's Alabama housing affordability index.

Housing affordability index published by the National Association of Realtors.

This list was compiled from the NAHB / Wells Fargo Housing Affordability Index.

View NAR's Housing Affordability Index About 33.6 percent of households were cost - burdened in 2015, which means they spent more than 30 percent of their incomes on housing costs.

The REALTORS ® Affordability Distribution Score is different in two major ways from the existing Housing Affordability Index (HAI):

Affordable housing, housing affordability index of 139.0, and rent requires 16.1 % of household disposable income

NAR's housing affordability index shows the typical monthly mortgage principal and interest payment for the purchase of a median - priced existing home is only 13 percent of gross household income, the lowest since records began in 1970.

The Monthly Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional levels based on the most recent monthly price and income data.

NAR's Housing Affordability Index rose to a record high 206.1 in January, based on the relationship between median home price, median family income and average mortgage interest rate.

The percentage of homebuyers who could afford to purchase a median - priced, existing single - family home in California in the fourth quarter of 2017 edged up to 29 percent from 28 percent in the third quarter of 2017 but was down from 31 percent in the fourth quarter a year ago, according to C.A.R.'s Traditional Housing Affordability Index (HAI).

NAR's Housing Affordability Index stood at 183.8 in the third quarter, the second highest on record after the first quarter of 2011.

Canada's housing affordability «mildly deteriorated» in the fourth quarter of 2005 due to relatively weak growth in household income, says the latest Housing Affordability Index released by...

Housing Affordability Index data are provided by NAR solely for use as a reference.

MCLEAN, VA --(Marketwired - Jul 19, 2017)- Freddie Mac (OTCQB: FMCC) released its Insight for July, which examines some of the factors and perceptions that can make purchasing a home seem out of reach that aren't always reflected in housing affordability indices.

View NAR's latest Housing Affordability Index for a full breakdown of affordability across the U.S.

NAR's composite Housing Affordability Index, which measures affordability factors for all homebuyers, held steady at 125.5 in the second quarter of 1997, compared with 125.7 in the same quarter a year ago.

And, despite historically low interest rates, affordability measures such as the RBC Housing Affordability Index, which measures home ownership costs as a percentage of household income, remain stubbornly high.

It takes 46 per cent of the median income to cover the cost of owning a condo, according to RBC's housing affordability index.

Taken together, these indicators have moved the housing affordability index (HAI) from 12 percent in 2006 to 28 percent in 2017 after a sharp increase in 2012 (when housing affordability in across the U.S. peaked in Q1 2012 at 56 percent).

In California, the housing affordability index is closer to 30 %, according to C.A.R..

Here is a graph of the National Association of Realtors» Housing Affordability Index.

Unfortunately, the average couple buying a two - storey home today and putting down a 25 % down payment will have to spend a whopping 50 % of their gross income on their house every month, according to RBC's housing affordability index.