The consumer price of housing in urban areas of the United States increased by over six percent in 2023. That was the second-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 2023
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Bureau of Labor Statistics. (August 8, 2024). Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2023 [Graph]. In Statista. Retrieved December 21, 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 2023." Chart. August 8, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics. (2024). Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2023. Statista. Statista Inc.. Accessed: December 21, 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 2023." Statista, Statista Inc., 8 Aug 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 2023 Statista, https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/ (last visited December 21, 2024)
Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2023 [Graph], Bureau of Labor Statistics, August 8, 2024. [Online]. Available: https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
