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2011 Blog - Annual Change in Home Prices ==> Highest APY CDs with FDIC
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Annual
Change in Median Home Prices Plus Median single-family home prices adjusted for Inflation |
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Best Mortgage Rates |
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On May
20, 2011 Chartoftheday.com wrote:
"The US real estate market
continues to struggle. For some perspective, today's top chart
illustrates the US median price (adjusted for inflation) of a
single-family home over the past 41 years while today's bottom chart
presents the annual percent change in home prices (also adjusted for
inflation). Today's chart illustrates that, prior to the financial
crisis, the inflation-adjusted median home price rarely declined more
than 5% in one year (gray shading). It is also very important to note
that due to a large number of distressed properties, a high
unemployment rate and stagnant wages, the inflation-adjusted median
home price has declined 7.9% over the past year -- an annual decline
larger than any that occurred during the 35 years prior to the
financial crisis."
Chart showing: Historical
Mortgage Rates Annual
Change in Median Home Prices
Median single-family home prices adjusted for Inflation  |
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| Source: Chart
of the Day Journalists and bloggers may post the above free Chart of the Day on their website as long as the chart is unedited and full credit is given with a live link to Chart of the Day at http://www.chartoftheday.com. |
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