Affordability Index

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January 1, 1 7 min read Definitions

Affordability Index Housing Affordability Median Income Home Prices Mortgage Loans Real Estate Market National Association of Realtors (NAR)

The Affordability Index is a measurement of housing affordability compiled by the National Association of Realtors® (NAR) and other organizations. It compares median income levels to the income required to purchase a median-priced home, providing insights into regional and national housing affordability.