The Surprising History Of Home Prices
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If you study history (specifically the history of home prices), then you know that home prices rarely drop.
There ARE times when home prices fall, but there are some key indicators that we have to spot before real estate enters a depreciation stage.
The graph in this week’s one-page special real estate report plots the average US home price since 1890. For the past 131 years, we have seen home prices (on average) move 3.38% higher annually, though there were two key times when home prices fell.
