Posts Tagged ‘ HOI ’

Struggle Continues for Builders Despite Rising Affordability

May 17th, 2019

According to the Housing Opportunity Index (HOI) released by the National Association of Home Builders (NAHB) and Wells Fargo last week, housing affordability increased during the first quarter of 2019 due to decreasing mortgage rates, lower home prices and rising wages. With those improvements, however, comes additional challenges, said NAHB chairman Greg Ugalde. “While the […]

Housing Affordability Edges Up in Fourth Quarter

Feb 19th, 2016

Modest home price and interest rate decreases resulted in a slight increase in nationwide housing affordability in the fourth quarter of 2015, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). “The signs point to continuing growth in home sales,” says NAHB chief economist David Crowe. “We’ve seen an improvement […]

Home Prices on the Rise, Affordability Slightly Lower in Third Quarter

Nov 14th, 2014

Firming home prices contributed to a slight dip in nationwide housing affordability in the third quarter, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 61.8 percent of new and existing homes sold between the beginning of July and the end of September were affordable to families earning […]