Posts Tagged ‘ Housing Opportunity Index ’

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 the Fourth Quarter

Feb 19th, 2015

Slightly lower interest rates and home prices in markets across the country are the cause of a slight increase in nationwide housing affordability in the fourth quarter of 2014, according to the recently-released National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 62.8 percent of new and existing homes sold between […]