US Home Prices Outpace Inflation Significantly Since 1984, Study Finds
A study by Clever Real Estate found that U.S. home prices have risen more than twice as fast as inflation since 1984, with overall home prices increasing by 441% compared to a 210% rise in inflation. While the study did…
Rapid City, SD, October 10, 2026 — A recent study analyzing decades of housing data has revealed that home prices across the United States have significantly outpaced inflation. According to the findings by Clever Real Estate, U.S. home prices have risen more than twice as fast as the rate of inflation since 1984.
The comprehensive study indicated that overall home prices have increased by 441% over the analyzed period. In contrast, the inflation rate during the same timeframe saw a rise of 210%. This disparity highlights a substantial growth in property values relative to the general cost of goods and services.
The research, conducted by Clever Real Estate, provides a broad overview of national housing market trends. However, the report did not include specific data points for South Dakota. Despite the absence of state-specific figures in this particular study, concerns regarding housing affordability persist in various communities.
For instance, in areas such as Rapid City, housing affordability remains a notable issue for residents. This trend of rising home prices, even without direct local data from the national study, suggests a broader economic context where securing housing may present challenges.
The study’s methodology and full dataset are available through Clever Real Estate. The findings underscore the long-term appreciation of real estate as an asset class compared to general economic inflation.
Story summarized from the original created by Tamara Chibe on www.kotatv.com, see more information here.
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