Home Price to Income
5.0×
· Jan 2024
econ
scout
1990-91 Recession · Jul 1990 – Mar 1991
2001 Recession · Mar 2001 – Nov 2001
Global Financial Crisis · Dec 2007 – Jun 2009
COVID-19 Recession · Feb 2020 – Apr 2020
4.0×
4.5×
5.0×
5.5×
1985
1990
1995
2000
2005
2010
2015
2020
5.0×
Home Price to Income — one value per year; US recessions are shaded on the chart.
Year
Home Price to Income
1984
3.6×
1985
3.6×
1986
3.7×
1987
4.0×
1988
4.1×
1989
4.2×
1990
4.1×
1991
4.0×
1992
4.0×
1993
4.0×
1994
4.0×
1995
3.9×
1996
4.0×
1997
3.9×
1998
3.9×
1999
3.9×
2000
4.0×
2001
4.1×
2002
4.4×
2003
4.4×
2004
4.9×
2005
5.1×
2006
5.1×
2007
4.9×
2008
4.6×
2009
4.3×
2010
4.5×
2011
4.5×
2012
4.8×
2013
5.0×
2014
5.3×
2015
5.2×
2016
5.2×
2017
5.3×
2018
5.1×
2019
4.7×
2020
4.8×
2021
5.4×
2022
5.8×
2023
5.3×
2024
5.0×
Source: FRED · MSPUS/MEHOINUSA646N · econscout.com