 |
Rose Quint |
Study: Home Affordability Not Equal for AllArticle |
|---|---|---|
| Rose Quint, Assistant Vice President for Survey Research
Economics and Housing Policy National Association of Home Builders
|
The National Association of Home Builders produces a quarterly index measuring housing affordability in the United States as well as in most of the country’s major metropolitan statistical areas. The index, known as the NAHB/Wells Fargo Housing Opportunity Index (HOI), was launched in the first quarter of 1991 and has been published quarterly during the past 20 years. The national HOI is defined as the share of all homes sold in the country in any given quarter that were affordable to a family earning the national median income. Similarly, metropolitan area/division HOIs indicate the share of homes sold in a particular area that were affordable to families making the area’s median income. | |
| Read Article | Comment it |
Study: Home Affordability Not Equal for All
Published by