The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.
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.
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United States Median Existing Home Price: MA: Los Angeles-Long Beach-Santa Ana data was reported at 628.900 USD th in Sep 2018. This records an increase from the previous number of 557.200 USD th for Jun 2018. United States Median Existing Home Price: MA: Los Angeles-Long Beach-Santa Ana data is updated quarterly, averaging 296.880 USD th from Mar 1989 (Median) to Sep 2018, with 119 observations. The data reached an all-time high of 628.900 USD th in Sep 2018 and a record low of 167.100 USD th in Dec 1996. United States Median Existing Home Price: MA: Los Angeles-Long Beach-Santa Ana data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
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Graph and download economic data for All-Transactions House Price Index for Missoula County, MT (ATNHPIUS30063A) from 1975 to 2024 about Missoula County, MT; Missoula; MT; HPI; housing; price index; indexes; price; and USA.
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Graph and download economic data for All-Transactions House Price Index for Gulf County, FL (ATNHPIUS12045A) from 1996 to 2024 about Gulf County, FL; FL; HPI; housing; price index; indexes; price; and USA.
In 2024, the consumer price index (CPI) was 315.61. Data represents U.S. city averages. The monthly inflation rate for the United States can be found here. United States urban Consumer Price Index (CPI) The U.S. Consumer Price Index is a measure of change in the price of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." To calculate the CPI, the Bureau of Labor Statistics considers the price of goods and services from various categories: housing, transportation, apparel, food & beverage, medical care, recreation, education and other/uncategorized. The CPI is a useful measure, as it indicates how the cost of urban living in the United States has changed over time, compared to a base period. CPI is also used to calculate inflation, or change in the purchasing power of money. According to the U.S. Bureau of Labor Statistics, the U.S. urban CPI has been rising steadily since 1992. As of 2023, the CPI was 304.7, up from 233 ten years earlier and up from 184 twenty years earlier. This indicates the extent to which, compared to a base period 1982-1984 = 100, the price of various goods and services has risen.
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Explore Durham, NC rental market 2025. The average long-term prices $1,756 and short-term $1,996, with trends shaping housing in a city of 288,465 residents.
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United States Median Existing Home Price: MA: Worcester data was reported at 248.000 USD th in Mar 2018. This records a decrease from the previous number of 255.300 USD th for Dec 2017. United States Median Existing Home Price: MA: Worcester data is updated quarterly, averaging 213.500 USD th from Mar 1989 (Median) to Mar 2018, with 110 observations. The data reached an all-time high of 296.600 USD th in Sep 2005 and a record low of 120.800 USD th in Mar 1996. United States Median Existing Home Price: MA: Worcester data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
Overview Food budget shares and income and price elasticities are estimated, using 1996 data, for nine major consumption groups and eight food subgroups across 114 countries. The broad groups include food, beverage, and tobacco; clothing and footwear; education; gross rent, fuel, and power; house furnishings and operations; medical care; recreation; transport and communications; and other items. Food subgroups include bread and cereals, meat, fish, dairy products, fats and oils, fruit and vegetables, beverages and tobacco, and other food products. The depth and breath of these data provide an opportunity to incorporate the elasticities into research on changing food demand patterns.
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United States Natural Gas: Average Residential Price: Massachusetts data was reported at 24.280 USD/1000 Cub ft in Jan 2025. This records a decrease from the previous number of 25.050 USD/1000 Cub ft for Dec 2024. United States Natural Gas: Average Residential Price: Massachusetts data is updated monthly, averaging 13.370 USD/1000 Cub ft from Jan 1989 (Median) to Jan 2025, with 433 observations. The data reached an all-time high of 25.240 USD/1000 Cub ft in Aug 2022 and a record low of 6.060 USD/1000 Cub ft in May 1996. United States Natural Gas: Average Residential Price: Massachusetts data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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United States Natural Gas: Average Residential Price: Texas data was reported at 14.150 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 13.650 USD/1000 Cub ft for Jan 2025. United States Natural Gas: Average Residential Price: Texas data is updated monthly, averaging 10.560 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 33.190 USD/1000 Cub ft in Aug 2022 and a record low of 4.920 USD/1000 Cub ft in Jan 1996. United States Natural Gas: Average Residential Price: Texas data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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United States Natural Gas: Average Residential Price: South Dakota data was reported at 8.710 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 8.130 USD/1000 Cub ft for Jan 2025. United States Natural Gas: Average Residential Price: South Dakota data is updated monthly, averaging 8.460 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 19.760 USD/1000 Cub ft in Sep 2021 and a record low of 4.360 USD/1000 Cub ft in Mar 1996. United States Natural Gas: Average Residential Price: South Dakota data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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Natural Gas: Average Residential Price: Utah data was reported at 9.500 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 10.000 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Utah data is updated monthly, averaging 8.285 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 16.890 USD/1000 Cub ft in Aug 2023 and a record low of 3.790 USD/1000 Cub ft in Oct 1996. Natural Gas: Average Residential Price: Utah data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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Natural Gas: Average Residential Price: Colorado data was reported at 9.730 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 10.000 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Colorado data is updated monthly, averaging 7.865 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 22.260 USD/1000 Cub ft in Jul 2022 and a record low of 3.940 USD/1000 Cub ft in Dec 1996. Natural Gas: Average Residential Price: Colorado data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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Natural Gas: Average Residential Price: North Dakota data was reported at 7.450 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 7.550 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: North Dakota data is updated monthly, averaging 7.470 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 33.340 USD/1000 Cub ft in Aug 2022 and a record low of 3.840 USD/1000 Cub ft in Nov 1996. Natural Gas: Average Residential Price: North Dakota data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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天然气:Average Residential Price:马萨诸塞州在01-01-2025达24.280美元/千立方英尺,相较于12-01-2024的25.050美元/千立方英尺有所下降。天然气:Average Residential Price:马萨诸塞州数据按月更新,01-01-1989至01-01-2025期间平均值为13.370美元/千立方英尺,共433份观测结果。该数据的历史最高值出现于08-01-2022,达25.240美元/千立方英尺,而历史最低值则出现于05-01-1996,为6.060美元/千立方英尺。CEIC提供的天然气:Average Residential Price:马萨诸塞州数据处于定期更新的状态,数据来源于U.S. Energy Information Administration,数据归类于全球数据库的美国 – Table US.P012: Natural Gas Prices。
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天然气:Average Residential Price:犹他州在02-01-2025达9.500美元/千立方英尺,相较于01-01-2025的10.000美元/千立方英尺有所下降。天然气:Average Residential Price:犹他州数据按月更新,01-01-1989至02-01-2025期间平均值为8.285美元/千立方英尺,共434份观测结果。该数据的历史最高值出现于08-01-2023,达16.890美元/千立方英尺,而历史最低值则出现于10-01-1996,为3.790美元/千立方英尺。CEIC提供的天然气:Average Residential Price:犹他州数据处于定期更新的状态,数据来源于U.S. Energy Information Administration,数据归类于全球数据库的美国 – Table US.P012: Natural Gas Prices。
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天然气:Average Residential Price:德州在02-01-2025达14.150美元/千立方英尺,相较于01-01-2025的13.650美元/千立方英尺有所增长。天然气:Average Residential Price:德州数据按月更新,01-01-1989至02-01-2025期间平均值为10.560美元/千立方英尺,共434份观测结果。该数据的历史最高值出现于08-01-2022,达33.190美元/千立方英尺,而历史最低值则出现于01-01-1996,为4.920美元/千立方英尺。CEIC提供的天然气:Average Residential Price:德州数据处于定期更新的状态,数据来源于U.S. Energy Information Administration,数据归类于全球数据库的美国 – Table US.P012: Natural Gas Prices。
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天然气:Average Residential Price:科罗拉多州在02-01-2025达9.730美元/千立方英尺,相较于01-01-2025的10.000美元/千立方英尺有所下降。天然气:Average Residential Price:科罗拉多州数据按月更新,01-01-1989至02-01-2025期间平均值为7.865美元/千立方英尺,共434份观测结果。该数据的历史最高值出现于07-01-2022,达22.260美元/千立方英尺,而历史最低值则出现于12-01-1996,为3.940美元/千立方英尺。CEIC提供的天然气:Average Residential Price:科罗拉多州数据处于定期更新的状态,数据来源于U.S. Energy Information Administration,数据归类于全球数据库的美国 – Table US.P012: Natural Gas Prices。
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天然气:Average Residential Price:俄勒冈州在02-01-2025达13.800美元/千立方英尺,相较于01-01-2025的14.220美元/千立方英尺有所下降。天然气:Average Residential Price:俄勒冈州数据按月更新,01-01-1989至02-01-2025期间平均值为11.095美元/千立方英尺,共434份观测结果。该数据的历史最高值出现于07-01-2023,达23.040美元/千立方英尺,而历史最低值则出现于02-01-1996,为5.720美元/千立方英尺。CEIC提供的天然气:Average Residential Price:俄勒冈州数据处于定期更新的状态,数据来源于U.S. Energy Information Administration,数据归类于全球数据库的美国 – Table US.P012: Natural Gas Prices。
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The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.