home price inflation Archives - Marketplace

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Home prices have risen 423% in 40 years, fueling economic discontent

by Mitchell Hartman

Apr 9, 2024

From 1984 to 2023, the median cost of a new home rose from $79,900 to $417,700, more than double the rate of overall price inflation.

This is not the first time America has dealt with rapid, destabilizing price increases, says Thomas Stapleford, economic historian at the University of Notre Dame.

Justin Sullivan/Getty Images

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