California Housing Affordability Weak

The San Francisco Bay area and Santa County affordability indexes were both at 16% in June, truly a scary situation.

1 minute read

August 14, 2000, 10:30 AM PDT

The California Association of Realtors (CAR) released their June housing affordability numbers (the percentage of households that can afford to purchase a median-priced home), and the situation continues to get more and more distressing. The state's index in June was 30%, down from 31% in May and 36% last year. Nationwide, the June affordability index was 52%. In Southern California, the Riverside-San Bernardino area was the most affordable with an index of 47% in June, down from 53% last year. Los Angeles County came in at 39%, compared with 44% in 1999. Orange and Ventura counties both had indexes of 25% in June. A year ago, Orange County's index was 33% while Ventura County came in at 44%. San Diego County's June index was 23%, compared with 32% last year. The San Francisco Bay area and Santa County indexes were both at 16% in June, truly a scary situation.

Thanks to Chris Steins

FULL STORY: Housing Affordability Weak

Monday, August 14, 2000 in California Association of Realtors

Housing California

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Learn More

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.