This quarterly report measures the ability of a family earning the median income to purchase a median-priced home.
Housing affordability for teachers is in particularly dire straits in the Golden State, where 83 percent of homes in California are unaffordable on a teacher's salary, according to Redfin.
Next Monthly Release
NAR will release its next monthly report on housing affordability on Friday, March 14, 2014 at 10 a.m. ET.
Next Quarterly Release
NAR will release its next quarterly report on housing affordability on Monday, May 12, 2014 at 10 a.m. ET.