Free Trial

Home Affordability Improved For Third Month Running – Atlanta Fed

US DATA
  • The Atlanta Fed’s updated home ownership affordability monitor showed a third consecutive increase in January, helping support yesterday’s surprise jump in existing home sales in February.
  • Gains have been led by declining home prices and interest rates.
  • As you can see in the chart though, the index remains far below the affordability threshold. Full monitor here.

Source: Atlanta Fed

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.