chief economist at Windermere Real Estate

The massive price growth many of us have benefitted from in the past several years has put a 'starter home' out of reach for many Americans

There's a widespread belief that Americans have all packed up and moved because of the pandemic. However, the data that's coming in so far tells a different story

Other than when home prices crashed with the bursting of the housing bubble, for more than 50 years, home price growth has outpaced inflation. This means we are offsetting high consumer prices because home values are increasing at an even faster rate