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US Average Home Price (Census Bureau and NAR Data)

Long
Average Sales Price of Houses Sold for the United States (FRED:ASPUS)  
NOTNOTCDM  
FRED:ASPUS   Average Sales Price of Houses Sold for the United States
Trend Analysis Chart Patterns housingmarket housing
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trendanalysis chartpattern housingmarket housing
Looking at two measures of average home price, I've attempted to show one metric for predicting home value increases or decreases, at an average level. I've marked out some major market events. COVID had inflated home values to an unsustainably high level and the market is already correcting for it.

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