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Home Price-to-Income Ratio Reaches Record High

Alexander Hermann, Peyton Whitney • January 22, 2024

In 2022, the median sale price for a single-family home in the US was 5.6 times higher than the median household income, higher than at any point on record dating back to the…
Working Papers

Home Price Appreciation in Low- and Moderate-Income Markets

Karl Case, Maryna Marynchenko • October 7, 2001

At the turn of the millennium, fully two-thirds of American households were owner-occupants. In addition, through the middle of the year in 2000, real home prices were rising…