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📈 U.S. House Prices Surpass Euro Area by 60% Compared to Early 2010s

📈 U.S. House Prices Surpass Euro Area by 60% Compared to Early 2010s

Since 2023, U.S. house prices have historically exceeded those in the Euro Area, marking a significant shift in the global housing market. This trend reflects the stronger economic performance, higher demand for housing, and increased speculation in the United States. Contributing factors include robust job growth, increased household incomes, a preference for homeownership among Americans, and a substantial increase in the money supply. Additionally, the U.S. housing market's resilience and investment appeal have driven prices upward. In contrast, the Euro Area faces varying economic challenges, contributing to relatively stagnant house prices. This divergence underscores the dynamic nature of global real estate markets and the economic factors influencing them.