The purchase price of a conventional single family residence in the U.S. has more than quadrupled over the past two decades.

Name: The purchase price of a conventional single family residence in the U.S. has more than quadrupled over the past two decades.
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Quizplus · Accepted Answer

While home prices in the U.S. have significantly increased over the past two decades, they have not more than quadrupled on average. The rate of increase varies greatly by location and market conditions.

The Purchase Price of a Conventional Single Family Residence in the U.S