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VTWO - Median New Home Prices Decouple From Median Household Income
Vanguard Russell 2000 Index Fund
Median new home prices in the U.S. have decoupled from median household income.
Since May 2020, new home prices have risen sharply, while median household income has largely stagnated.
That combination of factors means that the typical new home built in the U.S. has become relatively more unaffordable for the typical American household.