The Housing Affordability Index value in the United States plummeted in 2022, surpassing the historical record of ***** index points in 2006. In 2024, the housing affordability index measured **** index points, making it the second-worst year for homebuyers since the start of the observation period. What does the Housing Affordability Index mean? The Housing Affordability Index uses data provided by the National Association of Realtors (NAR). It measures whether a family earning the national median income can afford the monthly mortgage payments on a median-priced existing single-family home. An index value of 100 means that a family has exactly enough income to qualify for a mortgage on a home. The higher the index value, the more affordable a house is to a family. Key factors that drive the real estate market Income, house prices, and mortgage rates are some of the most important factors influencing homebuyer sentiment. When incomes increase, consumer power also increases. The median household income in the United States declined in 2022, affecting affordability. Additionally, mortgage interest rates have soared, adding to the financial burden of homebuyers. The sales price of existing single-family homes in the U.S. has increased year-on-year since 2011 and reached ******* U.S. dollars in 2023.

View monthly updates and historical trends for US Fixed Housing Affordability Index. from United States. Source: National Association of Realtors. Track e…

Graph and download economic data for Housing Affordability Index (Fixed) (FIXHAI) from Sep 2024 to Sep 2025 about fixed, housing, indexes, and USA.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

United States Housing Affordability Index: Median Price data was reported at 260,500.000 USD in Sep 2018. This records a decrease from the previous number of 268,200.000 USD for Aug 2018. United States Housing Affordability Index: Median Price data is updated monthly, averaging 167,800.000 USD from Jan 1989 (Median) to Sep 2018, with 357 observations. The data reached an all-time high of 276,500.000 USD in Jun 2018 and a record low of 90,300.000 USD in Jan 1989. United States Housing Affordability Index: Median Price data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB018: Housing Affordability Index.

Housing Index in the United States decreased to 435.40 points in September from 435.60 points in August of 2025. This dataset provides the latest reported value for - United States House Price Index MoM Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

View yearly updates and historical trends for Madison, WI Housing Affordability Index. Source: National Association of Realtors. Track economic data with …

Housing Affordability Index - Historical chart and current data through 2025.

Housing Index in Hong Kong increased to 143.46 points in November 23 from 142.49 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States Housing Affordability Index: Fixed data was reported at 146.900 NA in Oct 2018. This records a decrease from the previous number of 147.400 NA for Sep 2018. United States Housing Affordability Index: Fixed data is updated monthly, averaging 127.900 NA from Jan 1989 (Median) to Oct 2018, with 357 observations. The data reached an all-time high of 212.800 NA in Jan 2013 and a record low of 97.600 NA in May 1989. United States Housing Affordability Index: Fixed data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB018: Housing Affordability Index.

Housing Index in Germany increased to 220.43 points in October from 219.91 points in September of 2025. This dataset provides the latest reported value for - Germany House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Sweden increased to 959 points in the third quarter of 2025 from 945 points in the second quarter of 2025. This dataset provides - Sweden House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

The house price-to-income ratio in the United States has reached concerning levels, with the index hitting ***** in the second quarter of 2025. This indicates that house prices have outpaced income growth by *****percent since 2015, highlighting a growing affordability crisis in the housing market. The widening gap between home prices and wages is putting homeownership out of reach for many Americans, particularly as real wages have remained stagnant. Rising home prices and stagnant wages While average annual real wages in the United States have increased slightly since 2014, home prices have soared. The median sales price of existing single-family homes reached a record-high in 2024, representing a substantial increase over the past five years. This disparity between wage growth and home price appreciation has led to a significant decrease in housing affordability across the country. Affordability challenges in the U.S. housing market The U.S. Housing Affordability Index, which measures whether a family earning the median income can afford a median-priced home, plummeted in 2024, marking the second-worst year for homebuyers since records began. This decline in affordability is reflected in homebuyer sentiment, with homebuyer sentiment plummeting.

View yearly updates and historical trends for Baton Rouge, LA Housing Affordability Index. Source: National Association of Realtors. Track economic data w…

Korea Housing Affordability Index (HAI): Total data was reported at 106.043 NA in Mar 2018. This records a decrease from the previous number of 106.980 NA for Feb 2018. Korea Housing Affordability Index (HAI): Total data is updated monthly, averaging 115.884 NA from Dec 2008 (Median) to Mar 2018, with 112 observations. The data reached an all-time high of 136.263 NA in Mar 2015 and a record low of 84.832 NA in Dec 2008. Korea Housing Affordability Index (HAI): Total data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB042: Housing Affordability Index.

United States Housing Affordability Index: Mortgage Rate data was reported at 4.770 % in Sep 2018. This records a decrease from the previous number of 4.780 % for Aug 2018. United States Housing Affordability Index: Mortgage Rate data is updated monthly, averaging 6.470 % from Jan 1989 (Median) to Sep 2018, with 357 observations. The data reached an all-time high of 10.590 % in Jun 1989 and a record low of 3.430 % in Dec 2012. United States Housing Affordability Index: Mortgage Rate data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB018: Housing Affordability Index.

Housing Index in Netherlands increased to 152.30 points in October from 151.60 points in September of 2025. This dataset provides - Netherlands House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States Housing Affordability Index: Qualifying Income data was reported at 52,320.000 USD in Sep 2018. This records a decrease from the previous number of 53,904.000 USD for Aug 2018. United States Housing Affordability Index: Qualifying Income data is updated monthly, averaging 37,488.000 USD from Jan 1989 (Median) to Sep 2018, with 357 observations. The data reached an all-time high of 57,936.000 USD in Jul 2006 and a record low of 27,264.000 USD in Feb 1994. United States Housing Affordability Index: Qualifying Income data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB018: Housing Affordability Index.

Graph and download economic data for All-Transactions House Price Index for Florida (FLSTHPI) from Q1 1975 to Q3 2025 about appraisers, FL, HPI, housing, price index, indexes, price, and USA.