U.S. National Association of Home Builders

The National Association of Home Builders is a Washington, D.C.-based trade association representing more than 140,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction.

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    • National Association of Home Builders and Wells Fargo: Cost of Housing Index(CHI)
      novembro 2024
      Fonte: U.S. National Association of Home Builders
      Carregamento por: Knoema
      Acesso em 21 novembro, 2024
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      The NAHB/Wells Fargo Housing Opportunity Index (HOI) for a given area is defined as the share of homes sold in that area that would have been affordable to a family earning the local median income, based on standard mortgage underwriting criteria. Therefore, there are really two major components : income and housing cost. In all, just 42.2% of new and existing homes sold between the beginning of July and end of September were affordable to families earning the U.S. median income of $90,000. This marks the second consecutive quarterly record low for housing affordability since the Great Recession, trailing the previous mark of 42.8% set in the second quarter.