72.5 percent of all new and existing homes sold in the first quarter of 2009 were affordable to families earning the national median income of $64,000.
May 18, 2009 - Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo
Housing Opportunity Index (HOI) released today.
Source: http://www.nahb.org/news_details.aspx?sectionID=0&newsID=9250
Thursday, May 21, 2009
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