The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.

The U.S. housing market has slowed, after ** consecutive years of rising home prices. In 2021, house prices surged by an unprecedented ** percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by *** percent. That was lower than the long-term average of *** percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of **** percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over ******* U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.

Key information about House Prices Growth

• US house prices grew 3.3% YoY in Sep 2025, following an increase of 4.1% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Sep 2025, with an average growth rate of -12.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

House Price Index YoY in the United States decreased to 1.70 percent in September from 2.40 percent in August of 2025. This dataset includes a chart with historical data for the United States FHFA House Price Index YoY.

In 2022, house price growth in the UK slowed, after a period of decade-long increase. Nevertheless, in June 2025, prices reached a new peak, with the average home costing ******* British pounds. This figure refers to all property types, including detached, semi-detached, terraced houses, and flats and maisonettes. Compared to other European countries, the UK had some of the highest house prices. How have UK house prices increased over the last 10 years? Property prices have risen dramatically over the past decade. According to the UK house price index, the average house price has grown by over ** percent since 2015. This price development has led to the gap between the cost of buying and renting a property to close. In 2023, buying a three-bedroom house in the UK was no longer more affordable than renting one. Consequently, Brits have become more likely to rent longer and push off making a house purchase until they have saved up enough for a down payment and achieved the financial stability required to make the step. What caused the recent fluctuations in house prices? House prices are affected by multiple factors, such as mortgage rates, supply, and demand on the market. For nearly a decade, the UK experienced uninterrupted house price growth as a result of strong demand and a chronic undersupply. Homebuyers who purchased a property at the peak of the housing boom in July 2022 paid ** percent more compared to what they would have paid a year before. Additionally, 2022 saw the most dramatic increase in mortgage rates in recent history. Between December 2021 and December 2022, the **-year fixed mortgage rate doubled, adding further strain to prospective homebuyers. As a result, the market cooled, leading to a correction in pricing.

About ** percent of home buyers in the United States in 2021 purchased homes that cost ******* U.S. dollars or more. The share of home buyers generally reduced as the house prices decreased. The largest share of purchases fell in the ******* to ******* and ******* to ******* price classes, which was below the national average sales price for existing homes.

Average House Prices in Canada increased to 688800 CAD in October from 687600 CAD in September of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

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Description:

A simple yet challenging project, to predict the housing price based on certain factors like house area, bedrooms, furnished, nearness to mainroad, etc. The dataset is small yet, it's complexity arises due to the fact that it has strong multicollinearity. Can you overcome these obstacles & build a decent predictive model?

Acknowledgement:

Harrison, D. and Rubinfeld, D.L. (1978) Hedonic prices and the demand for clean air. J. Environ. Economics and Management 5, 81–102. Belsley D.A., Kuh, E. and Welsch, R.E. (1980) Regression Diagnostics. Identifying Influential Data and Sources of Collinearity. New York: Wiley.

Objective:

• Understand the Dataset & cleanup (if required).
• Build Regression models to predict the sales w.r.t a single & multiple feature.
• Also evaluate the models & compare thier respective scores like R2, RMSE, etc.

This is the median house price for residential property sales (all dwellings sold and registered) in a given period of four consecutive quarters, in the area. They are calculated using open data from the HM Land Registry (LR), a source of comprehensive record-level administrative data on property transactions.

They are updated twice a year, in spring and autumn. The LR Price Paid data are comprehensive in that they capture changes of ownership for individual residential properties which have sold for full market value and cover both cash sales and those involving a mortgage.

The median is the value determined by putting all the house sales for a given year, area and type in order of price and then selecting the price of the house sale which falls in the middle.

Note that a transaction occurs when a change of freeholder or leaseholder takes place regardless of the amount of money involved, and a property can transact more than once in the time period. The LR records the actual price for which the property changed hands. This will usually be an accurate reflection of the market value for the individual property, but it is not always the case.

In order to generate statistics that more accurately reflect market values, the LR has excluded records of houses that were not sold at market value from the dataset. The remaining data are considered a good reflection of market values at the time of the transaction.

The LR Price Paid data are not adjusted to reflect the mix of houses in a given area. Fluctuations in the types of house that are sold in that area can cause differences between the median transactional value of houses and the overall market value of houses.

Therefore these statistics differ from the new UK House Price Index (HPI) which reports mix-adjusted average house prices and house price indices.

If, for a given year, house type and area there were fewer than 5 sales records in the LR Price Paid data, the house price statistics are not reported.

Data is Powered by LG Inform Plus and automatically checked for new data on the 4th of each month and shows MSOAs (Middle Layer Super Output Areas) at the 2021 Census Geography.

In the United States, Hawaii was the state with the most expensive housing, with the typical value of single-family homes in the 35th to 65th percentile range exceeding ******* U.S. dollars. Unsurprisingly, Hawaii also ranked top as the state with the highest cost of living. Meanwhile, a property was the least expensive in West Virginia, where it cost under ******* U.S. dollars to buy the typical single-family home. Single-family home prices increased across most states in the United States between December 2023 and December 2024, except in Louisiana, Florida, and the District of Colombia. According to the Federal Housing Association, house appreciation in 13 states exceeded **** percent in 2023.

Median price paid for residential property in England and Wales, for all property types by lower layer super output area. Annual data..

Graph and download economic data for All-Transactions House Price Index for Los Angeles County, CA (ATNHPIUS06037A) from 1975 to 2024 about Los Angeles County, CA; Los Angeles; CA; HPI; housing; price index; indexes; price; and USA.

Peru Average House Price: Lima Metropolitan data was reported at 391,668.000 USD in 2023. This records an increase from the previous number of 20,810.118 USD for 2022. Peru Average House Price: Lima Metropolitan data is updated yearly, averaging 167,674.500 USD from Jun 2006 (Median) to 2023, with 18 observations. The data reached an all-time high of 857,542.857 USD in 2021 and a record low of 20,810.118 USD in 2022. Peru Average House Price: Lima Metropolitan data remains active status in CEIC and is reported by National Institute of Statistics and Informatics. The data is categorized under Global Database’s Peru – Table PE.EB001: House Price.

Housing Index in Hong Kong increased to 143.46 points in November 23 from 142.49 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for All-Transactions House Price Index for New York (NYSTHPI) from Q1 1975 to Q3 2025 about appraisers, NY, HPI, housing, price index, indexes, price, and USA.

Context The housing market in Canada has increased tremendously over the past year. This is the dataset contains information on the Canadian housing market from 2021-2022. I think this is a good introductory dataset for learning data visualization and analyzing tabular data.

Content The data is specific to the cost of detached houses in Canada based on data provided by several provincial realtors. There are two datasets. The first is the average home price in Canadian provinces. The columns are as follows,

Area - Canadian province and/or territory Price January 2022 - mean house price in the province as of January 2022 (in CAD) Price January 2021 - mean house price in the province as of January 2021 (in CAD) y/y % change - percent change in mean house price between 2021 and 2022

The second is the average home price in major Canadian cities. The columns are as follows, Major city Province Price 2021-2022 - mean house price in the city between 2021 and 2022 (in CAD) Population

Acknowledgments This data was initially featured in Wowa Canadian House Market reports.

Graph and download economic data for All-Transactions House Price Index for Seattle-Bellevue-Kent, WA (MSAD) (ATNHPIUS42644Q) from Q4 1975 to Q3 2025 about Seattle, WA, appraisers, HPI, housing, price index, indexes, price, and USA.

Median price paid for residential property in England and Wales by property type and electoral ward. Annual data.