Housing Affordability is Still Terrible

February 9th, 2015
in econ_news

Chart of the Week 08 February 2015

Written by , Online Trading Academy

We hear much about improved housing affordability in the U.S.  It is true that the Housing Affordablity Index has come down (improved) by approximately 25% in the last year.  But it is also the case that the current reading is still about 15% higher (worse) than the highest point ever prior to the Great Recession.

Housing affordability is discussed in the video following the Read more >> jump.
housing-affordabilty-1980-2014-380x220

Follow up:

Source: YouTube
















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