For the Washington Post’s Department of Data, Andrew Van Dam looks at historical home prices in cities, dating back to 1890.
We often treat buying a house in the United States as an investment that grows faster than inflation. In some cities like Los Angeles, Boston, and Seattle, with relatively high house prices, this is definitely the case. In other cities, like Cleveland, Detroit, and Pittsburgh, house prices mostly stuck with inflation, “no different from spaghetti or sprockets.”
