The Drag on Affordability Explained

By FirstAm Editor on December 21, 2017
First American’s proprietary Real House Price Index (RHPI) looks at October 2017 data and includes analysis from First American Chief Economist Mark Fleming on the market forces that are keeping a lid on affordability. Read More

Interest Rates Real House Price Index Income Affordability

What’s Behind September’s Surprise Increase in Affordability?

By FirstAm Editor on November 27, 2017
First American’s proprietary Real House Price Index (RHPI) looks at September 2017 data and includes analysis from First American Chief Economist Mark Fleming on the market forces that sparked a surprising increase in affordability in September. Read More

Interest Rates Real House Price Index Income Affordability

Will August Uptick in Affordability Continue?

By FirstAm Editor on October 30, 2017
First American’s proprietary Real House Price Index (RHPI) looks at August 2017 data and includes analysis from First American Chief Economist Mark Fleming on what’s behind the surprising increase in affordability in August and whether or not that trend will continue. Read More

Interest Rates Real House Price Index Income Affordability

Supply Squeeze Tightens Grip on Affordability in July

By FirstAm Editor on September 26, 2017
First American’s proprietary Real House Price Index (RHPI) looks at July 2017 data and includes analysis from First American Chief Economist Mark Fleming on the supply constraints impacting the housing market. Read More

Interest Rates Real House Price Index Income Affordability

The Fundamental Underlying Issue in the Housing Market

By FirstAm Editor on August 28, 2017
First American’s proprietary Real House Price Index (RHPI) looks at June 2017 data and includes analysis from First American Chief Economist Mark Fleming on the prevailing issue facing today’s housing market. Read More

Interest Rates Real House Price Index Income Affordability

What Caused Real House Price Growth to Cool in May?

By FirstAm Editor on July 24, 2017
First American’s proprietary Real House Price Index (RHPI) looks at May 2017 data and includes analysis from First American Chief Economist Mark Fleming on the impact of wages and lower interest rates on consumer house-buying power – a brief reprieve from rising real house prices. Read More

Interest Rates Real House Price Index Income