Incomes of Americans for the first time since 2011, were ahead of the rise in house prices

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For the first time since 2011, revenues grew faster than US housing prices, according to a new Zillow report.

In August, the average home price rose to $ 188 100, which is 5% higher than this period last year. And last week, the Census Bureau reported that average household income increased to $ 56 516 in 2015, which is 5,2% higher than 2014 in the year.

Since 2012, housing prices have skyrocketed. The reason for this was high demand and limited supply throughout the country. Upfront payments remain a big obstacle for many potential clients. The only one who could breathe in this situation was the tenant. Rising house prices have pushed people not to buy housing, but to rent it.

Now rents have risen by 1,7% nationwide, according to Zillow. A year ago, rental rates grew by more than 6%.

Now, house prices have slowed down a bit. Although in some cities there is the opposite. Prices in Portland, Oregon, Seattle and Denver experienced annual double-digit growth. For example, in Portland, housing prices rose by almost 15% over the year and reached $ 338 900.

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