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defertoreptar | 5 years ago

Median sale price of houses sold has increased 2% from November 2019 to November 2020. https://fred.stlouisfed.org/series/MSPNHSUS

That's on par with historical annualized inflation rates.

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fakedang|5 years ago

Your median sale price index compares house prices in some random Southern hell hole in Mississippi to a disaster ravaged area of Puerto Rico with NY and SF or Atlanta and Austin house prices. Places where people can actually go to work.

okaram|5 years ago

I think this is the median house price ... sort all the prices for houses sold in the USA in a year, pick the one in the middle, so ...

defertoreptar|5 years ago

The nice thing about the median is that it's robust against outliers like the ones you've mentioned. It's over $300k, so we're definitely not talking about some hellhole in MS.