4 ms·
In a normally functioning housing market (with a reasonable amount of inflation), wouldn’t this be the norm?
by pbourke 8y ago
In a normally functioning housing market (with a reasonable amount of inflation), wouldn’t this be the norm?
- devonkim 8y agoThe index is based upon median income and median home sale price, not upon house prices as an absolute value. It’s an indicator of affordability. I don’t know if indexes are comparable across different countries and what they would mean.