The price of homes in Miami-Dade, Broward and Palm Beach counties continues to decline in terms of both property price relative to household income and mortgage payment as a percentage of income, according to the latest BH&J Housing Affordability Index from Florida International University’s College of Business and Florida Atlantic University. The report brings good […]
Tag: Housing Affordability Index
South Florida housing turns marginally more affordable, university real estate index shows.
Housing across South Florida is becoming slightly more affordable, according to the latest housing affordability index from Florida International University (FIU) and Florida Atlantic University (FAU). The quarterly Beracha, Hardin and Johnson Housing Affordability Index measures the percentage of income dedicated to housing payments, and the cost of homeownership relative to average annual income, in […]
Home Ownership getting costlier in Southeast Florida.
Home ownership in Southeast Florida is getting more expensive again, according to the latest housing affordability index from Florida International University and Florida Atlantic University. The newly launched index shows that in the second quarter of 2018, the price of homes in Miami-Dade, Broward and Palm Beach counties rose above the local 20-year average in […]