Chart of the Week 08 February 2015
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.