Housing affordability hit its highest point since 1970 in January at 206.1, according to the National Association of Realtors’ Housing Affordability Index.
This continued an upward trend that started toward the end of 2011, according to Inman News.
The index has been steadily climbing since 2009, when it was at a level of 169.4. It finished 2010 at 174 even and climbed as high as 197.9 in 2011.
