Sentence examples for affordability index from inspiring English sources

Growth of real estate prices was not accompanied by comparable growth of household incomes: the Housing Affordability Index (percentage of households that can afford to buy a median-priced house) fell below 20 percent in the early 2000s.

Indeed, the California Assn. of Realtors Housingg Affordability Index, which measures the percentage of households that can afford to purchase a median-priced home, is nowhere near the level of 2006 and 2007 amid the housing bubble.

And these areas are three of the four least affordable to the local population, according to the National Association of Home Builders and Wells Fargo's affordability index.

According to an affordability index prepared by the National Association of Home Builders, Portland recently ranked as the 25th least affordable of 192 major U.S. cities. (Source: The Portland Business Journal, Brian J. Back Business Journal Staff Writer).

"The affordability index is the best it's been in 25 years," he said.

The affordability index has fallen from 19.4 in 1989 to a forecast 13.2 in 1999.

I met a Californian fund manager this morning who bought an apartment for $380 a square foot; the previous owner had paid $1000 a foot).Mind you, I am extremely suspicious of affordability indices which seem to be driven by the low level of nominal interest rates.

As a second objective, water affordability indexes were then calculated that relate the cost of such lifeline to average municipal income levels.

The housing-affordability index published by the National Association of Realtors, which combines average mortgage costs, average home prices and average family income, is down to 164 from a high of 214 in January, which is significant.

The group's index of affordability rose to a record as home prices continued to slide and mortgage rates declined.

While averages and percentage increases may be important indexes of affordability over all, it is important to note that large percentage increases often reflect low starting costs.