Midwest and South crown housing affordability leaders
The National Association of Home Builders spots the Midwest and South as housing affordability leaders in the first quarter. Vineland Millville Bridgeton New Jersey tops the nation. Denver and Kokomo Indiana show strong regional positioning while San Francisco New York Chicago El Paso lag. The index covers 174 markets and 330000 home sales, with mortgage rates averaging 7.56 percent.
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Washington
National Association of Home Builders
Vineland-Millville- Bridgeton
N.J
Kokomo
Ind
Midwest
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Tex
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San Francisco
New York
Chicago
el Paso
Vineland
New Jersey
South
California
Northeast
West
NAHB List Reveals 1994 Housing Affordability Penalty
The National Association of Home Builders identifies the ten most affordable and ten least affordable U.S. housing markets for Q1 1994. Each area’s figure shows the percentage of homes sold within reach of the median income household at the prevailing mortgage rate, highlighting affordability disparities.
MENTIONED IN THIS ARTICLE
U.S
National Association of Home Builders
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