In April 2019, the initial raw data for median new home sale prices in the U.S. spiked sharply upward, rising to a new record high value of $342,200 - a nearly 12% increase over the second estimate of $305,800 for March 2019's median new home sale price.
Meanwhile, median household income in the U.S. likewise rebounded in April 2019 after having dipped in early 2019, rising to a new nominal high value of $64,019.
Calculating the trailing twelve-month averages for both data series to smooth out month-to-month volatility, then finding the ratio of median new