A slight drop in nationwide housing affordability was recorded in the second quarter of 2015, mostly due to rising home prices, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released today.
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Index Shows Housing Affordability Up for Q1
The National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released the results of their index today, noting that housing affordability nationwide received a boost for Q1 2015 due to low home prices and interest rates.
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