A home for sale in Tierrasanta. Staff photo One measure of housing prices in the last five years shows them rising far faster than general inflation over the same period, according to a new analysis of real estate data. The increase in median price-per-square foot suggests that the typical home on the market today is worth 52.7% more than before the pandemic, more than double the roughly 23% increase in consumer inflation since May 2019, said Danielle Hale, chief economist for Realtor.com. Median list prices also have risen since then, by 37.5%, and with inventory down 34.2% as compared to the two years that preceded the pandemic, the study suggests that buyers face a seller-friend
Hence then, the article about study housing prices far outpaced consumer inflation in san diego across u s was published today ( ) and is available onTimes of San Diego ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Study: Housing Prices Far Outpaced Consumer Inflation in San Diego, Across U.S. )