Unexpectedly Intriguing!
06 July 2017

We're telling a story in two charts today. First, the relationship between median new home sale prices in the U.S. and median household income, from December 2000 through May 2017.

U.S. Median New Home Sale Prices vs Median Household Income, Annual: 1999 - 2015 | Monthly: December 2000 - May 2017

In the chart above, we see that after having flatlined for the first four months of 2017, the first estimate of median new home sale prices appear to have significantly surged in May 2017. We should note that this data will be revised three more times in the next three months before being finalized.

In the chart below, we've taken all of the the median new home sale price data we have and have divided it by all the median household income data that we have, which extends back to 1967 (the new home sale price data itself goes back further, to January 1963).

U.S. Median New Home Sale Prices vs Median Household Income, Annual: 1999 - 2015 | Monthly: December 2000 - May 2017

Here, we see that median new home sale prices are approaching 5.5 times the level of median household income in the U.S., indicating that homes in the U.S. are becoming less affordable and, in fact, have never been less affordable for the median income earning U.S. household than they are today.


About Political Calculations

Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:

ironman at politicalcalculations.com

Thanks in advance!

Recent Posts

Stock Charts and News

Most Popular Posts
Quick Index

Site Data

This site is primarily powered by:

This page is powered by Blogger. Isn't yours?

CSS Validation

Valid CSS!

RSS Site Feed

AddThis Feed Button


The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.

Other Cool Resources

Blog Roll

Market Links

Useful Election Data
Charities We Support
Shopping Guides
Recommended Reading
Recently Shopped

Seeking Alpha Certified

Legal Disclaimer

Materials on this website are published by Political Calculations to provide visitors with free information and insights regarding the incentives created by the laws and policies described. However, this website is not designed for the purpose of providing legal, medical or financial advice to individuals. Visitors should not rely upon information on this website as a substitute for personal legal, medical or financial advice. While we make every effort to provide accurate website information, laws can change and inaccuracies happen despite our best efforts. If you have an individual problem, you should seek advice from a licensed professional in your state, i.e., by a competent authority with specialized knowledge who can apply it to the particular circumstances of your case.