Average New Home Prices Have Outpaced Average Incomes

Household incomes in 2021 were just over 21% higher than in 1984 while homes were almost twice as expensive.

Data adjusted for inflation with Bureau of Labor Statistics CPI-U Annual Average Index. Home prices reflect median sales price for new houses sold in the United States.
Chart: Adrian Nesta Source: U.S. Census Bureau Current Population Survey & Survey of Construction
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