Sentences with phrase «year affordability index»

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SmartAsset created an affordability index that ranks cities on a scale of 1 - 100 based on total cost of owning a house over 5 years as a proportion of median incomes.

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.

With house prices continuing to rise, RBC said its affordability index deteriorated in the first quarter of this year — the third quarter that has happened out of the last four — with the deterioration particularly acute in the hot markets of Toronto, Calgary and Vancouver.

The metropolitan index shows the existing single - family home affordability index over the past three years, by metropolitan area.

NAR projects the affordability index for all of 2012 will be at an annual high, with little movement in mortgage interest rates or home prices during the year.

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.

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).

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.

The housing affordability index increased 7.6 percent over last year.

According to NAR's Housing Affordability Index, the U.S. experienced historic highs in housing affordability over the past sAffordability Index, the U.S. experienced historic highs in housing affordability over the past saffordability over the past several years.

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.