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Median and Average Sales Prices of New Homes Sold in United States  Form

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when you buy a home in the US there is a basic promise that home values will go up over time and that is what you're seeing on this chart let's adjust it for inflation okay jerky or but still basically goes up The Story Goes Like This Money by itself loses value over time that's inflation but if you own your home in the US you own an asset that is appreciating in value by bu it probably required you to save a bunch of money and also borrow a lot of money which you need to pay back over time as opposed to renting your home which basically just requires rent but now you own it it could be collateral if you ever need money like to start a business or to send your kids to college one day you might sell it for more than you bought it but also stability peace of mind so that you may maintain your place in society you get it if we look at the middle 60% of the US population in terms of wealth the middle class the bulk of the wealth held by that group is made up of the homes they live in it's

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