Housing affordability index

A housing affordability index (HAI) is an index that measures housing affordability, usually the degree to which the median person or family in a particular country or region can afford housing/housing-related costs.[1][2][3]

An HAI is seen as an overall indication of the cost of living in an area; with that said, a cost-of-living index would provide such information in more detail.[3]

  1. ^ National Association of Realtors (2022-01-01). "Housing Affordability Index (Fixed)". FRED, Federal Reserve Bank of St. Louis. Retrieved 2023-04-06.
  2. ^ "Real estate market: Definitions, graphs and data". www.bankofcanada.ca. Retrieved 2023-04-06.
  3. ^ a b Kenton, Will (September 30, 2022). "Affordability Index". Investopedia. Retrieved 2023-04-06.