First American’s proprietary Real House Price Index (RHPI) looks at August 2016 data and includes analysis from First American Chief Economist Mark Fleming that explains that counter to conventional wisdom, affordability for home buyers in many markets is increasing due to low interest rates and increasing wages. Read More ›

First American’s proprietary Real House Price Index (RHPI) looks at July 2016 data and includes analysis from First American Chief Economist Mark Fleming the explains how rising incomes and low interest rates are contributing to increased affordability in most major U.S. markets. Read More ›

Business Insider interviewed First American Chief Economist Mark Fleming on affordability and used First American’s Real House Price Index to develop a list of the top 13 markets where affordability is declining. Read More ›

First American’s proprietary Real House Price Index (RHPI) looks at June 2016 data and includes analysis from First American Chief Economist Mark Fleming explaining the influence of foreign monetary stimulus on U.S. mortgage rates and its impact on consumer house-buying power. Read More ›

The importance of measuring housing affordability is paramount. Homeownership is synonymous with the American Dream and all of the wealth-building benefits that it provides, and housing is the single largest monthly expense for most households. Yet, there are many ways to measure the affordability of housing. Read More ›

First American’s proprietary Real House Price Index (RHPI) looks at May 2016 data and includes analysis from First American Chief Economist Mark Fleming explaining the forces behind the continued low mortgage rate environment and the impact on consumer house-buying power. Read More ›