U.S. Home Prices Have More Than Tripled Since 2000

The S&P Cotality Case-Shiller U.S. Home Price Index tracks changes in residential home prices across the United States by measuring repeat sales of the same homes rather than new construction. The index uses the year 2000 as its base value, set at 100. Today, the index stands at approximately 327, meaning the average home is worth more than three times what it was in 2000. Although home prices declined sharply during the 2007 housing crisis and the Great Recession, prices have risen dramatically since 2012. Homeownership has long represented the American Dream for many households, but growing home prices have raised serious concerns about affordability in recent years.

This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.