Housing Affordability In Limbo
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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