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This report analyzes the Housing Affordability Index of existing detached homes in California from 2012 Q1 to 2014 Q1. The data compares the affordability in various counties, highlighting changes over the two-year period. The findings reflect the shifts in home prices and income levels, providing valuable insights for potential homebuyers, real estate professionals, and policymakers concerned with housing market trends. Understanding these dynamics is essential for making informed decisions in the real estate landscape.
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Affordability Peak vs. Current • By Counties, 2014 Q1 vs. 2012 Q1 SERIES: Housing Affordability Index of Existing Detached Homes SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®