Housing Affordability Index
This index measures housing affordability for the region . For example , an index of 120 means the median household income is 120 % of what is necessary to qualify for the median-priced home under prevailing interest rates . A higher number means greater affordability .
August Year to Date
83 78
61 62 61 62
2022 2023 2024
2022 2023 2024
- 21.7 % - 26.5 % + 1.6 % - 27.8 % - 21.8 % + 1.6 %
Affordability Index September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 12-Month Avg
Historical Housing Affordability Index by Month
180
160
140
120
100
80
60
40 |
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01-2008 |
01-2009 |
01-2010 |
01-2011 |
01-2012 |
01-2013 |
01-2014 |
01-2015 |
01-2016 |
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01-2019 |
01-2020 |
01-2021 |
Current as of September 10 , 2024 . Data © 2024 REsides , INC . All Rights Reserved . | Sponsored by South Carolin