Palos Verdes and South Bay Los Angeles Real Estate News by Maureen Megowan

February 28, 2006

U.S. Housing Costs

Filed under: Uncategorized — by mmegowan @ 7:45 pm

The value of an averageĀ U.S. home has not had a 1 year price decline based upon quarterly U.S. Government data going back to 1/1/76. The worst performance record for the value of an average U.S. home was a one year price increase of +0.2% over the one year period ending 12/31/90. The median one year period percentage increase in the value of an average U.S. home since 1975 is +5.7% (Source: Office of Federal Housing Enterprise Oversight).

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