Thank you for sharing!

Your article was successfully shared with the contacts you provided.

There’s no question about it: the price of homeownership has become downright staggering. Median home prices surged 7% in the first quarter, a 38% increase over the same period in 2020. 

“That’s basically off the charts, and it’s driving a variety of questions,” says John Chang, senior vice president and director of research services at Marcus & Millichap. Chief among them?  Whether we’re in a housing bubble.


GlobeSt. Multifamily Fall 2022Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.