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Real Estate

“Home prices rose 2.4 times faster than inflation since 1960s, study finds…”

“While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found…. In reality, the cost of a typical house in the U.S. is closer to half a million dollars. The median price for a home in the U.S. is $412,778, according to new Redfin data…”

https://www.cnbc.com/2024/03/19/why-home-prices-have-risen-faster-than-inflation-since-the-1960s.html

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