The consumer price of housing in urban areas of the United States increased by over four percent in 2024. 2022 and 2023 saw the largest price increases on a year-over-year basis since 2000. Meanwhile, 2010 was the only year in which housing prices decreased. One of the main reasons for that may have been the subprime mortgage crisis of 2007. During that period, the value of new residential construction put in place in the U.S. stagnated.
Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2024
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Bureau of Labor Statistics. (March 20, 2025). Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2024 [Graph]. In Statista. Retrieved June 07, 2025, from https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics. "Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2024." Chart. March 20, 2025. Statista. Accessed June 07, 2025. https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics. (2025). Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2024. Statista. Statista Inc.. Accessed: June 07, 2025. https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics. "Year-over-year Change of The Consumer Price of Housing in Cities in The U.S. from 2000 to 2024." Statista, Statista Inc., 20 Mar 2025, https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/
Bureau of Labor Statistics, Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2024 Statista, https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/ (last visited June 07, 2025)
Year-over-year change of the consumer price of housing in cities in the U.S. from 2000 to 2024 [Graph], Bureau of Labor Statistics, March 20, 2025. [Online]. Available: https://www.statista.com/statistics/196606/change-of-us-housing-consumer-price-index-since-2000/