According to the U.S. Bureau of Labor Statistics, prices for housing were 4.12% higher in 2021 versus 2019 (a $4,121.21 difference in value).
Between 2019 and 2021: Housing experienced an average inflation rate of 2.04% per year. This rate of change indicates significant inflation. In other words, housing costing $100,000 in the year 2019 would cost $104,121.21 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.05% during this same period, inflation for housing was lower.
In the year 2019: Pricing changed by 2.89%, which is above the average yearly change for housing during the 2019-2021 time period. Compared to inflation for all items in 2019 (1.81%), inflation for housing was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Housing:
Below are calculations of equivalent buying power for Housing, over time, for $100000 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|