Housing Affordability In Limbo 

by Tanya Alvarez-Salsedo

Texas housing affordability has improved as both average home prices and average mortgage rates decreased. In the third quarter of this year, the Texas Home Affordability Index (THAI) increased to 1.11 from 1.04 the quarter before (Figure 1). This time last year, the index was at 1.03.  While the increase is welcome, it does not […]The post Housing Affordability In Limbo  appeared first on Texas Real Estate Research Center.

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