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California home prices have soared since 1984, tripling in some markets

California
New York Post Fews App News Provider
Fews App Post Time 21h ago

A bombshell study reveals California has the nation’s largest housing inflation gap, forcing buyers to shell out hundreds of thousands more than they should. The new study, conducted by Clever Real Estate, compares current median home prices versus what homes would cost if prices kept pace with inflation since 1984. The report reveals that since 1984, home prices have grown 441% while inflation only grew 210%.

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