National Association of Home Builders
The National Association of Home Builders is a trade association which promotes policies benefiting the housing industry.
http://www.nahb.org
NAHB/Wells Fargo Housing Market Index Report
Last Updated: May 15, 2013, 10:03 AM EDT
Next Release: N/A
NAHB/Wells Fargo Housing Opportunity Index Report
Last Updated: May 14, 2013, 8:08 AM EDT
Next Release: N/A
The NAHB/Wells Fargo Housing Opportunity Index is a measure of the affordability of homes. It is defined as the percentage of homes sold in an area that would have been considered affordable for a family earning the median income based on standard mortgage underwriting criteria.
| Major Indicators from this Report | Period | Value | Change from Prev |
|---|---|---|---|
| NAHB/Wells Fargo National ARM Interest Rate | Q4 2008 | 6.03% | 2.03% |
| NAHB/Wells Fargo National ARM Interest Rate Share of Loans | Q1 2013 | 0.00% | |
| NAHB/Wells Fargo National Fixed Interest Rate | Q1 2013 | 3.62% | 1.40% |
| NAHB/Wells Fargo National Fixed Interest Rate Share of Loans | Q1 2013 | 100.0% | 0.00% |
| NAHB/Wells Fargo National Housing Opportunity Index | Q1 2013 | 73.70% | -1.60% |
| NAHB/Wells Fargo National Housing Opportunity Index Number of Metro Areas Covered | Q1 2013 | 22200% | -1.77% |
| NAHB/Wells Fargo National Median Price | Q1 2013 | 183.80K USD | -2.18% |
| NAHB/Wells Fargo National Weighted Interest Rate | Q1 2013 | 3.62% | 1.40% |
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