The consumer price of housing in urban areas of the United States increased by over seven percent in 2022. That was the largest increase on a year-over-year basis since 2000. Meanwhile, 2009 was the only year in which housing prices decreased. One of the main reasons for that may have been the subprime mortgage crisis of 2007. During that period, the value of new residential construction put in place in the U.S. stagnated.
Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2022
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Bureau of Labor Statistics. (April 1, 2023). Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics. "Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2022." Chart. April 1, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics. (2023). Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics. "Year-over-year Change of The Consumer Price of Housing in Cities in The U.S. from 2000 to 2022." Statista, Statista Inc., 1 Apr 2023, https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics, Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2022 Statista, https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/ (last visited July 22, 2024)
Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2022 [Graph], Bureau of Labor Statistics, April 1, 2023. [Online]. Available: https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
