In February 2022, the Real House Price Index (RHPI) jumped up by nearly 31 percent. That’s the fastest growth in the more than 30-year history of the series. This rapid annual decline in affordability was driven by two fa... Read More›
How Do Rapidly Rising Mortgage Rates Impact Affordability?
Is Affordability Worse Than The 2006 Housing Boom Peak?
In the first report with 2022 data, the Real House Price Index (RHPI) jumped up by nearly 27 percent, the fastest growth in the RHPI since 2004. This rapid... Read More›
Will Rising Rates Bring Balance To The Housing Market?
In December 2021, the Real House Price Index (RHPI) increased 21.7 percent compared wit... Read More›
How Will Rising Mortgage Rates Impact Spring Home-buying?
In November, year-over-year nominal house price appreciation reached 21.5 percent, the sixth consecutive month it has set a new record. According to our Read More›
Affordability Falls To Its Lowest Level Since 2008
Affordability sank to its lowest level since 2008 in October, as two of the three key drivers of the Real House Price Index (RHPI) swung in favor of reduce... Read More›
Why House Prices Still Have Room To Run
According to the Real House Price Index (RHPI), which measures housing affordability in the context of changes in consumer house-buying power,... Read More›