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affordability index

A measure of the financial ability of U.S. families to buy a house. 100 means that families earning the national median income have just the amount of money needed to qualify for a mortgage on a median-priced home; higher than 100 means they have more than enough and lower than 100 means they have less than enough.

Related information about affordability index:
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  2. Housing Affordability Index Methodology | realtor.org
    To interpret the indices, a value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced ...
     
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  4. Housing Affordability Index - Wikipedia, the free encyclopedia
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  5. Affordability Index Definition | Investopedia
    A measure of a population's ability to afford to purchase a particular item, such as a house, indexed to the population's income. An affordability index uses the ...
     
  6. Housing Affordability Index - First-Time Buyer
    C.A.R.'s index tracking historical first-time buyer affordability trends throughout California.
     
  7. The Affordability Index: A New Tool for Measuring the True ...
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  8. NAHB/Wells Fargo Housing Opportunity Index (HOI)
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