Housing Affordability Index

Definition of "Housing Affordability Index"
  1. A measure showing the percentage of homebuyers capable of affording an average-priced house in specific areas
How to use "Housing Affordability Index" in a sentence
  1. The Housing Affordability Index of our city has significantly decreased in recent years, leaving fewer prospective buyers.
  2. Many rural areas have a much higher Housing Affordability Index compared to densely populated cities.
  3. According to the Housing Affordability Index, rates are expected to rise following the economic recovery.
Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z