Housing Affordability Index : 152.3 (As of 2019-04-01) ( Discontinued )
Historical Data
Basic Info
Housing Affordability Index was 152.3 as of 2019-04-01, according to Organisation for Economic Co-operation and Development. Historically, Housing Affordability Index reached a record high of 214.5 and a record low of 137.7, the median value is 162.1. Typical value range is from 150.4 to 177.4. The Year-Over-Year growth is 3.39%. GuruFocus provides the current actual value, an historical data chart and related indicators for Housing Affordability Index - last updated on 2019-04-01.
The "Housing Affordability Index" (HAI) is a metric that measures whether or not the typical family earns enough income to qualify for a mortgage loan on a typical home at the national level, based on current interest rates and prevailing home prices. It is calculated using a formula that compares the median family income to the income required to qualify for a mortgage on a median-priced home.
A Housing Affordability Index of 100 means that the median family has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 indicates that the median family has more than enough income, making housing more affordable. Conversely, an index below 100 suggests that housing is less affordable.
Monthly , not seasonally adjusted. It has been discountinued since 2019.
| Category | Production & Business Activity |
| Region | USA |
| Source | Organisation for Economic Co-operation and Development |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 152.3 | ||
| Latest Period | 2019-04-01 | ||
| Long Term Average | 163.88 | ||
| Average Annualized Growth Rate | -5.33% | ||
| Value from 1 year ago | |||
| Change from 1 year ago | % | ||
| Frequency | Daily | ||
| Unit | Index | ||
| Download Source | COMPHAI.txt |
Related Indicators
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