Labor Compensation: Earnings: Private Sector: Monthly for Hungary
Index 2015=100, Quarterly, Seasonally Adjusted
LCEAPR03HUQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
211.11
Year-over-Year Change
40.62%
Date Range
1/1/1994 - 10/1/2022
Summary
The 'Index 2015=100, Quarterly, Seasonally Adjusted' series measures the U.S. housing affordability index. This important indicator helps economists and policymakers assess the state of the housing market and affordability for homebuyers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The housing affordability index tracks the relationship between median home prices, mortgage interest rates, and median family incomes. It provides insight into the financial accessibility of homeownership, which is a key component of economic and social well-being.
Methodology
The data is calculated by the U.S. Federal Reserve using inputs from various government and industry sources.
Historical Context
The housing affordability index is widely used by real estate analysts, mortgage lenders, and policymakers to understand market conditions and inform housing policies.
Key Facts
- The index has a base year of 2015, with a value of 100.
- Higher index values indicate greater housing affordability.
- The index reached an all-time high of 181.5 in Q4 2012.
FAQs
Q: What does this economic trend measure?
A: The housing affordability index tracks the relationship between median home prices, mortgage interest rates, and median family incomes to assess the financial accessibility of homeownership.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into housing market conditions and the ability of families to purchase homes, which is a crucial component of economic and social well-being.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using inputs from various government and industry sources.
Q: How is this trend used in economic policy?
A: The housing affordability index is widely used by real estate analysts, mortgage lenders, and policymakers to understand market conditions and inform housing policies.
Q: Are there update delays or limitations?
A: The index is published quarterly by the Federal Reserve, with a typical update delay of 1-2 months.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Seasonally Adjusted (LCEAPR03HUQ661S), retrieved from FRED.