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U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$; 1 Hawaii $839,013
After the 2000s housing bubble, the low point of the index was in 1Q 2012, at 114. By 4Q 2013 the index had rebounded to 134. As of December 2019 (as per: "fred.stlouisfed.org") the S&P/Case‑Shiller U. S. National Home Price Index was at 213.789.
Across the country, builders and agents alike are watching the U.S. housing market—which got priced to 3% mortgage rates—work toward equilibrium in the face of 7% mortgage rates.
Private subsidy was coupled with an underinvestment in public housing, and large projects such as Cabrini–Green in Chicago and Pruitt–Igoe in St. Louis became notorious for their squalor. The amount of public housing crested in the 1990s, with about 1.4 million units. Today, the number of units has been reduced to 1.0 million. [28]
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
It was also the lowest number of homes sold in Massachusetts for any year since 2011, when the country was still recovering from a housing bubble that peaked in 2008.
Andrew Schiller conceived NeighborhoodScout while working on his doctorate in geography at Clark University in Worcester, Massachusetts. [9]In an interview with Inman News, Schiller discusses that he used to move around often for jobs or for school, and was often in a position to make expensive decisions about the best places in which to buy or rent.
The number of housing units under construction fell 1.9% to a rate of 1.465 million units. The inventory of single-family housing under construction was unchanged at a rate of 644,000 units.
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