Because of this, ATTOM Data Solutions analyzes the average rent for a three - bedroom property,
weekly wage data, and home price information in 540 counties nationwide in an effort to determine whether renting or buying is the more affordable choice.
Methodology For this report, ATTOM Data Solutions looked at 50th percentile average rental data for three - bedroom properties in 2018 from the U.S. Department of Housing and Urban Development, along with Q2 2017 average
weekly wage data from the Bureau of Labor Statistics (most recent available) and Q4 2017 home price data from ATTOM Data Solutions publicly recorded sales deed data in 540 counties nationwide.
In the first quarter of 2015, buying a home was at its most affordable level in two years, according to a joint report from real estate analytics firm Clear Capital and real - estate research firm RealtyTrac — which analyzed affordability using average
weekly wage data from the Bureau of Labor Statistics and average prices for single - family homes and condos from 582 counties across the country.
The report combined public record sales deed data for single family homes and condos collected by RealtyTrac with average down payment assistance data collected from 2,477 down payment assistance programs across the country by Down Payment Resource along with the latest average
weekly wage data available at the county level from the Bureau of Labor Statistics.
Not exact matches
Average
weekly earnings
data for May showed a sharp increase in ordinary - time earnings growth, although the quality of this series as an indicator of
wage growth over the short term is poor.
Other official labour cost
data based on
wage - bill measures, such as average
weekly ordinary time earnings and average earnings from the national accounts, paint a similar picture, identifying firm
wage outcomes but giving little indication of an acceleration of aggregate wages growth.
As they did in the 2008 report, Allegreto and Mishel rely on the
weekly wages reported by public school teachers in the Current Population Survey, leading to confusion about whether the
wage data refer to annual salary divided by 52 weeks or by some smaller number of weeks that reflects teachers» shorter work year.