From 1970 to 20 15, except during the economic crisis, American house prices basically kept rising. Last year, the median sales of new homes in the United States was $296,400, which was also a record high. Even after adjusting for inflation, the price of new houses broke the record last year.
1970, the house price in the United States was about $25,000, which was about 15 after inflation adjustment.
It has roughly doubled in 45 years.