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Housing Affordability Index (Fixed) (FIXHAI)

2012-03: 201.1 Index   Last 5 Observations

Monthly, Not Seasonally Adjusted, Updated: 2012-05-11 1:46 PM CDT

Source: National Association of Realtors
Release: Monthly Housing Affordability Index
Notes:

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.