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Price Check: Housing Affordability Still Positive – RISMedia

Price Check: Housing Affordability Still Positive
By rismedia.com

Homeownership continues to remain affordable, even as lofty prices weigh on the market, according to the National Association of Home Builders (NAHB)/Wells Fargo recent Housing Opportunity Index (HOI) report.

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Homeownership continues to remain affordable, even as lofty prices weigh on the market, according to the National Association of Home Builders (NAHB)/Wells Fargo recent Housing Opportunity Index (HOI) report. Affordability, which the Index read as lower in the third quarter, is positive overall—in fact, more than 60 percent of new- and existing-homes sold in the …