📈 Stronger Price Growth in U.S. Bottom-Tier Homes Compared to Top-Tier Homes Since 2015

Since 2015, U.S. bottom-tier homes (5th to 35th percentile of market value) have experienced significantly stronger price growth compared to top-tier homes (65th to 95th percentile of market value). Bottom-tier homes have appreciated by 114% from 2014 to July 2024, while top-tier homes have seen a more moderate increase of 79%. This trend reflects a shift in the housing market dynamics, where more affordable homes have grown in value at a faster rate, driven by increased demand and constrained supply in the lower-tier segment. The divergence in price growth underscores the evolving market conditions, influenced by factors such as income disparities, housing affordability, and changing buyer preferences.