Thursday, April 28, 2016
The Divided Recovery in House Prices
The Washington Post has been looking at the uneven recovery in the housing market since its collapse in 2004. What they have found is that although the market has largely recovered it is the wealthy who are benefiting, while poorer and minority neighborhoods are lagging behind.
The Post's report America's Great Housing Divide is accompanied by an interactive map which allows you to see how property prices are doing in your area. If you enter a town name or zip-code into the map you can view a choropleth map showing how homes in your neighborhoods have changed in value since 2004.
If you click on the map you can see the percentage change in value in homes in the zip-code area. You can also view a graph showing the rise and fall of property prices in the area since 2004 compared to the rise and fall of house prices in the wider metro area.