Housing is still much more affordable than 2007 in every region except London

graph-1-104423-mHousing affordability is crucial to the fortunes of the residential housing market – and the wider economy. Yet its measurement isn’t necessarily as easy to grasp as one might think. Hamptons International’s new Ability to Buy Index provides a more accurate measure on the movement on true affordability over time by taking not only the cost of finance, but also the cost of households’ essential expenditure into account.

Read moreHousing is still much more affordable than 2007 in every region except London