The chart shows average home sales price of $28,100, in 1970.

Then in 2023, the average sales price rose to $535,000.

That’s a 1,805% appreciation over 53 years!!

AMAZING!!

Even BIGGER rates of return when you realize these homes were generally purchased with 20% down payments of less.

As you can also see, for creating wealth, home ownership has far outpaced medium incomes.

You can see the live always up to date chart here