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housing affordability index

June Housing Starts Hit 9-Month Low; Single-Family Starts Lowest in 2 Years

July 19, 2022 by Ted 2 Comments

June housing starts drop again
[PHOTO: REUTERS/Octavio Jones}

After a dramatic double-digit drop in May, June housing starts declined again, with overall starts not only dropping below May’s rate to a nine-month low but also coming in well below the rate in June 2021. Single-family starts in June hit their lowest seasonally adjusted annual rate since July 2020.

Learn all the latest data on June housing starts

[Read more…] about June Housing Starts Hit 9-Month Low; Single-Family Starts Lowest in 2 Years

Filed Under: Economic Trends, Housing, News Tagged With: housing affordability index, housing starts, inflation, mortgage rates, residential construction

Housing Affordability Index Collapses to Lowest Level in 22 Years

July 13, 2022 by Ted Leave a Comment

Latest news on the Housing Affordability Index

The latest data on home affordability from the National Realtors Association, tracked in its Housing Affordability Index, shows that housing is at its least affordable level in 22 years. And that’s not just for first-time buyers, but for home upgraders as well. Not only that, but new economic data suggests that this declining housing affordability will remain an issue for some time yet to come.

See the latest Housing Affordability Index data

[Read more…] about Housing Affordability Index Collapses to Lowest Level in 22 Years

Filed Under: Economic Trends, Housing, News Tagged With: housing affordability index, inflation, mortgage rates

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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