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| The above chart estimates the market value of today's median-priced New York City metropolitan area house from 1987 until present. The red line represents inflation-adjusted house prices. The blue line represents nominal house prices. ( Data sources and methodology/ latest quarterly, median, existing, single-family home price provided by the National Association of Realtors. Trailing house price index data provided by Standard & Poors. Inflation data provided by the Federal Reserve Bank of Cleveland.) | |||||
