Using data from the American Community Survey, the NAR’s Economists’ Outlook blog looks at how much housing wealth has changed on the national and local levels.
Nationally, housing prices have risen by about 15 percent since 2013. But on average, the losses were larger than the gains when seen locally.
The highest gain, which was San Jose-Sunnyvale-Santa Clara, Calif., was $108,167, compared to the highest loss of $128,211 in Salinas, Calif.
PB Topical Ref
