Since 2000 is 100, that's an annual rate of appreciation of 3.4%/year from 2000 to 2014. Headline inflation during that time has been 2.4%/year. Home prices should track the headline CPI. A home that should cost 139,000 costs 160,000.
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Since 2000 is 100, that's an annual rate of appreciation of 3.4%/year from 2000 to 2014. Headline inflation during that time has been 2.4%/year. Home prices should track the headline CPI. A home that should cost 139,000 costs 160,000.
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