Home: VeryBestCdRates
- Charts
-
2012 Blog - Inflation Adjusted Home Prices ==>
Highest
APY CDs with FDIC <== |
||
Inflation
Adjusted
Home Prices Median single-family home prices adjusted for Inflation |
||
|
||
Best Mortgage Rates |
On
March 16, 2012 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 42 years. Not only did housing
prices increase at a rapid rate from 1991 to
2005, the rate at which housing prices
increased -- increased. That brings us to
today's chart which illustrates how the
inflation-adjusted median home price is
currently 42% off its 2005 peak. That's a
$112,000 drop. In fact, a home buyer who
bought the median priced single-family home
at the 1979 peak has actually seen that home
lose value (13.7% loss). Not an impressive
performance considering that more than three
decades have passed. It is worth noting that
the median priced home is currently at the
bottom of a price range that existed from
the late 1970s into the mid-1990s."
Chart
showing: Historical
Mortgage
Rates |
|
Note 1: 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." More Charts: |
Top
of
Page ==> Very Best CD Rates with FDIC <== |
||
Very
Best
CD Rates Meter |
CD
Rates
Meter |
To
advertise
on this page, please contact advertising@<REMOVE>verybestcdrates.com |