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Medium Single-Family Home
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Median Single-Family Home Prices Adjusted for Inflation Return to KirkLindstrom.com home page and Articles Page - Gold Charts |
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June 5, 2013: Chartoftheday.com1
wrote:
For some perspective on the all-important US real estate market, today's chart illustrates the inflation-adjusted median price of a single-family home in the United States over the past 43 years. Not only did housing prices increase at a rapid rate from 1991 to 2005, the rate at which housing prices increased -- increased. All those gains were given back during the following 6.5 years. Over the past three months, however, the median price of a single-family home has surged by over 10% -- the second biggest three-month gain on record (the data goes back to 1968). Not surprisingly, this three-month surge has resulted in new post-financial crisis highs. |
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Disclaimer: The information contained in this web site is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright © Kirk Lindstrom. Note: "CORE & Explore®" was coined by and is a registered trademark of Charles Schwab & Co., Inc. |