Rising Home Prices Push Affordability Slightly Lower In Second Quarter

Strengthening house prices in metros across the country contributed to slightly lower housing affordability in the second quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The latest HOI data reveal that 73.8 percent of all new and existing homes sold in the second quarter were affordable to families earning [...]

Rising Home Prices Push Affordability Slightly Lower In Second Quarter

Strengthening house prices in metros across the country contributed to slightly lower housing affordability in the second quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The latest HOI data reveal that 73.8 percent of all new and existing homes sold in the second quarter were affordable to families earning [...]