Posts Tagged ‘ housing affordability ’

Builder Confidence Improves in May While Affordability Remains Strong

May 16th, 2013

Builder confidence in the market for newly built, single-family homes improved three points to a 44 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for May. This gain, from a downwardly revised 41 in April, reflected improvement in all three index components—current sales conditions, sales expectations and traffic of prospective [...]

Housing Affordability Increases Nationwide

Feb 21st, 2013

Exceptionally low interest rates helped ensure a slight gain in nationwide housing affordability amid relatively stable house prices in the final quarter of 2012, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today. In all, 74.9 percent of homes sold between the beginning of October and end of December [...]

Housing Affordability Improves in Third Quarter

Nov 16th, 2012

Lower interest rates helped make homes more affordable to median-income families even as house prices continued to inch up in metro areas across the country in the third quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released yesterday. Nationwide, 74.1 percent of all homes sold in this year’s third [...]