Residential
Real
Estate Bubble?
All Matrixes
Say YES!
Average Annual Growth Rate 4.28% since 1988 for homes
CPI Average Annual Inflation 1988 to 2024 is 2.75%
$150,000 + 2.75% = $399,000
Case-Shiller Home Price today is $707,499
Cost above general rate of inflation is $308,499
Median Home Price to Medial U.S. Income
Price ($150,000) to Income ($34,017) in 1988 is 4.41 times income
Price ($707,499) to Income ($64,240) in 2024 is 11.01 times income!
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