Your email has been successfully added to our mailing list.

×
0.000359023456199152 5.9837242699802E-05 0.0031713738630924 0.00562470081378649 0.00167544279559599 -0.00179511728099559 -0.00341072283389177 -0.003291048348492
Stock impact report

U.S. Median-Home-Price Rises Are Double the Inflation Rate [TheStreet.com]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: TheStreet.com
It’s no secret that U.S. home prices are sky-high, but new data show that increases in median sale prices of residential property are way ahead of the nation’s already high rate. The annual inflation rate through June was 9.1%. According to, the increase in the median sale price per square foot of new single-family homes has significantly outpaced overall inflation since 2020. Overall, the median sale price of new single-family homes has increased 515% since 1980, Clever notes in its report. “In 2021, the median sale price was $397,100, compared to 1980's $64,600. The rise in the median sale price has exceeded the rise in median square footage by 928% since 1980.” Now, with the median sale price per square foot exceeding overall inflation by 139% in the past two years, housing prices “have really jumped since the pandemic started, which these numbers confirm,” the report noted. Some regional home prices, as measured by Clever, are really out of whack. For example, the U.S. city Show less Read more
Impact Snapshot
Event Time:
PNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PNC alerts
Opt-in for
PNC alerts

from News Quantified
Opt-in for
PNC alerts

from News Quantified