HHI / Bluffton May Market Indicator - Page 10

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. May Year to Date 74 74 74 76 74 71 2018 2019 2020 2018 2019 2020 - 6.3% 0.0% 0.0% - 5.0% - 2.6% -4.1% Affordability Index June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 12-Month Avg Historical Housing Affordability Index by Month 110 100 90 80 70 60 04-2014 04-2015 04-2016 04-2017 04-2018 04 Current as of June 10, 2020. Data is Copyright Ā© 2020 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORSĀ® and South Caro