Figure D
Housing costs are rising faster than costs of short-term accommodations or overall consumer goods: Price indices for housing, short-term travel accommodations, and overall personal consumption expenditures (PCE), 2000–2016
Overall consumer goods prices | Short-term accommodations | Housing | |
---|---|---|---|
2000 | 100 | 100 | 100 |
2001 | 101.9307 | 101.3374 | 103.9452 |
2002 | 103.2984 | 101.5139 | 108.1099 |
2003 | 105.3422 | 103.0112 | 110.8515 |
2004 | 107.9056 | 108.5361 | 113.6441 |
2005 | 110.9827 | 112.6608 | 116.583 |
2006 | 113.9515 | 117.591 | 120.6693 |
2007 | 116.806 | 123.4831 | 124.9987 |
2008 | 120.3703 | 124.785 | 128.395 |
2009 | 120.2921 | 118.4581 | 130.678 |
2010 | 122.2805 | 119.9578 | 130.7538 |
2011 | 125.283 | 123.3742 | 132.5061 |
2012 | 127.6551 | 125.921 | 135.2922 |
2013 | 129.3525 | 126.922 | 138.4624 |
2014 | 131.3072 | 132.8804 | 142.1436 |
2015 | 131.697 | 136.9684 | 146.4913 |
2016 | 133.2704 | 140.5032 | 151.4806 |
Note: The housing price index includes both long-term rentals as well as imputed rents for owner-occupied housing.
Source: Author’s analysis of Bureau of Economic Analysis National Income and Product Accounts (NIPA) Table 2.4.4
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