Business & Investment

Actual house prices for September, price ratio to rent, affordable

NS Calculated risk of December 1, 2021 11:53: 00 AM

Today in the real estate newsletter: Actual home prices for September, price to rent, and price to median income.And look at “affordable”

Excerpt (more):

In October 2004, federal economist John Krainer and researcher Chishen Wei wrote a federal government letter on home prices and fundamental values ​​on the ratio of prices to rent. Kainer and Wei used the OFHEO Home Price Index and BLS Owner Equivalent Rent (OER) to provide a price ratio to rent.

This is a similar graph using Case-Shiller National and Composite 20 House Price Indexes. This graph shows the ratio of price to rent (January 2000 = 1.0). The ratio of prices to rent has been flat, but has risen sharply recently.

On a rental price basis, the Case-Shiller National Index will return to January 2006 levels and the Composite 20 Index will return to March 2005 levels.

Actual house prices for September, price ratio to rent, affordable

http://www.calculatedriskblog.com/2021/12/real-house-prices-price-to-rent-ratio.html Actual house prices for September, price ratio to rent, affordable

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