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Table 11. Housing
Affordability Index: 1970–Present
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*The composite affordability index is the ratio of median family income to qualifying income. Values over 100 indicate that the typical (median) family has more than sufficient income to purchase the median-priced home.
**The Federal Housing Finance Board's monthly effective
rate (points are amortized over 10 years) combines fixed-rate
and adjustable-rate loans. Entries under Annual Data are averages
of the monthly rates.
Source: NATIONAL ASSOCIATION OF REALTORS®
http://nar.realtor.com/research/home.htm
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Table 12. Market
Absorption of New Rental Units and Median Asking Rent: 1970–Present
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Sources: Bureau of the Census, Department of Commerce; and Office of Policy Development and Research, Department of Housing and Urban Development
http://www.census.gov/hhes/www/soma.html
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Table 13. Builders'
Views of Housing Market Activity: 1978–Present
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Source: National Association of Home Builders, Builders Economic Council Survey
http://www.nahb.com/facts/hmi.htm
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Table 14. Mortgage
Interest Rates, Average Commitment Rates, and Points: 1972–Present
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1 Annual data for the FHA rate are based on the
most active (modal) quote and the secondary market discount
(excluding origination fee) until 1994. Subsequent annual and
monthly data are based on the average rate quoted and the primary
market discount (excluding origination fee).
Sources: Office of Housing, Department of Housing and Urban Development (FHA), and Federal Home Loan Mortgage Corporation (Conventional)
*Mortgage loan interest rate data on FHA-insured loans are no longer collected by the Department of Housing and Urban Development.
http://www.freddiemac.com/pmms
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