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  • Frank Tian

A Decade of Wealth Buiding in 🇺🇸🏠

NAR’s latest study on housing wealth effect in 2010-2020:

  • Housing prices increased on average 8.3% in the last 10 years,

  • Almost doubles the average. 4.3% in the last 30 years.

  • With the high price, homeownership drops.

  • The North loses most middle-income households*.

  • They move to the south, where the price is more affordable.

  • The total housing wealth increased by $8.2 trillion in the last 10 years.

  • With $5.8 trillion or 71% of the wealth, growth went to high-income households.

*NAR defines middle-income households as those with 80%-200% of median income in the local market.


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