Tag Archive for ‘home prices’

Affordability Pyramid Shows Housing Market is Bottom Heavy

With the release of the 2014 Priced Out estimates, NAHB Economics revised its affordability pyramid that translates U.S. household income data into a distribution of homes that households can afford by price range. At the base of the market for housing is a large number of households with relatively modest incomes. The homes that these households can afford are also relatively… Read More ›

Top Metro Areas – Median Income and Home Value

In a recent study, NAHB examines eight key housing statistics from the 2012 American Community Survey (ACS). This post takes a closer look at two of those statistics; the median household income and median value of owner-occupied housing units. The key to housing affordability is that the market meets the needs of the people who provide services we depend on… Read More ›

Home Prices Continue Positive Trend

The Case-Shiller indexes of home prices increased again when compared to the previous month or the previous year. Both the 10-city and 20-city seasonally-adjusted (SA) indexes rose 1% and 0.9% respectively from May to June 2012. This is the fifth straight month for steady increases in the SA indexes. Since January, the 10-city and 20-city indexes have risen 3.5% and… Read More ›

FHFA Shows Modest Home Price Improvement in November

The Federal Housing Finance Agency (FHFA) released monthly home price indexes for the US and the 9 Census divisions for November. Home prices for the US overall increased by 1.0 percent on a seasonally adjusted basis, while 8 of the 9 Census divisions had increases, ranging from 0.2 to 2.0 percent. Home prices in the Middle Atlantic division declined by… Read More ›